Utopia’s Value Traded Hit EGP 1.1Bln; NILEX

On Thursday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance amidst trading in 7 stocks. Three stocks advanced, three others declined; while AMICO Medical Industries (AMECO) solely maintained with no change at EGP 11.97.

BIG Trade and Investment (BIGP)’s stock soared by 4.92% to end at EGP 2.56 recording traded value of EGP 256.568 thousand distributed to 100.222 thousand securities exchanged through 43 transactions. Trading for the stock has been resumed after the firm has made a statement on Wednesday that American Automotive Group is not the firm’s subsidiary and accordingly it did not make any statements regarding the listing of the latter’s stock on the Egyptian Exchange (EGX) or on NASDAQ either.

Al-Moasher for Programming and Information Dissemination (AMPI)’s stock climbed by 2.38% to conclude at EGP 1.72 recording traded value of EGP 487.230 thousand distributed to 283.696 thousand securities exchanged through 35 transactions.

Additionally, Utopia Real Estate Investment and Tourism (UTOP)’s stock surged by 0.06% to close at EGP 16.08 topping NILEX traded value which hit EGP 1.128 million distributed to 70.200 thousand securities exchanged through 83 transactions.

On the other hand, Port Saied for Agricultural Development and Construction (PSAD)’s stock sank by 4.87% to close at EGP 6.84 recording traded value of EGP 11.081 thousand distributed to 1.620 thousand securities exchanged through 3 transactions.

Univert for Food Industries (UNFO)’s also pushed down by 0.99% to end at EGP 1 recording traded value of EGP 31.396 thousand distributed to 31.440 thousand securities exchanged through 12 transactions.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock fell by 0.34% to finish at EGP 5.83recording traded value of EGP 507.879 thousand distributed to 87.084 thousand securities exchanged through 98 transactions.

Leave a comment