During Wednesday midday session, the Egyptian Exchange (EGX) has posted gains of 3.18 billion as the capital market has amounted to EGP 339.629 billion; according to data compiled by Amwal Al Ghad at 12:35 p.m. in Cairo (10:35 GMT).
The main index, EGX30 climbed 1.32% to hit 4770.48 p. EGX20 jumped 1.16% to reach 5478.43 p.
Meanwhile, the mid- and small-cap index, the EGX70 increased 1.38% to hit 425.05 p. Price index EGX100 edged up 1.33% to reach 728.56 p.
Traded volume reached 51.182 million securities worth 133.582 million, exchanged through 8.062 thousand transactions.
This was after trading in 133 listed securities; 7 declined and 110 advanced while 16 keeping their previous levels.
Egyptians and Arabs were net buyers seizing 77.28% and 8.85% respectively, of the total markets, with a net equity of EGP 945.602 and EGP 5.431 million excluding the deals.
On the other hand, the non-Arab Foreigners were net sellers seizing 13.87% of the total markets, with a net equity of EGP 4.486 million excluding the deals.
Leading Shares:
EGX’s leading shares witnessed collective upwards led by the shares owned by Commercial International Bank- Egypt (CIB) (COMI.CA) which soared 4.20% to reach EGP 28.50.
EFG-Hermes Holding:
The shares of EFG-Hermes Holding (HRHO.CA) jumped 2.12% to hit EGP 11.09. The trial of EFG-Hermes Holding SAE (HRHO.CA)’s co-Chief Executive Officers Hassan Heikal and Yasser El Mallawany on charges of market manipulation started Monday but the Court was adjourned until next July 14.
Orascom Construction Industries:
Shares of Orascom Construction Industries (OCIC.CA) hiked 1.67% to hit EGP 251.50.
Orascom Telecom Holding:
The shares owned by Orascom Telecom Holding (OTH) (ORTE.CA) inched higher 1.59% to reach EGP 3.20.
Orascom Telecom Media & Technology Holding:
The shares of Orascom Telecom Media & Technology Holding (OTMT.CA) edged up 1.30% to hit EGP 1.56.
Talaat Moustafa Group:
The shares of Talaat Moustafa Group (TMGH.CA) managed to rose by 0.50% to reach EGP 4.00.
TMG shares poised Monday for the biggest drop since March 2011 after the panel of judges had recommended Sunday the annulment of a revised contract that allowed the government to sell a plot of land to Egypt’s biggest publicly traded real estate developer for its Madinaty project.
