Thursday, 19 Apr 2018
Business

The stock exchange is gaining 3.1 billion pounds with the support of local and foreign purchases

The stock market ended trading on Monday, boosted by the support of Egyptian and foreign investors.
The main index, the EGX30, trimmed its opening high to 0.18% at 17620.28 points, gaining 31.42 points. Market capitalization closed at EGP 976.5 billion, gaining EGP 3.1 billion. The EijiX70 index was up 0.38% at 867.61 points, while the broader EijiX 100 index gained 0.28% to close at 2261 points. The Eiji X 50 was up 0.61% at 3001 points. Trading volume reached 274.8 million shares, valued at LE 1.2 billion, through 29.28 thousand transactions. Arab investors were net buyers at EGP 74.7 million, while foreigners and Egyptians were net buyers at EGP 20.2 million and EGP 54.5 million respectively. At the level of Commercial International Bank, the largest relative weight in the market, fell by 0.3% at the price of 86.7 pounds, a turnover of 55.6 million pounds. Citadel Capital was the top gainer, plunging 5.38%, followed by Egyptian Resorts (4.65%) and Pioneers (3.73%). On the other hand, SODIC was the top loser by 3.72%, Amer Group by 2.63% and Orascom Telecom by 2.53%.

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