Home StocksEGX NILEX Shares Mostly Up On PM Kandil’s Visit To EGX

NILEX Shares Mostly Up On PM Kandil’s Visit To EGX

by Yomna Yasser

On Tuesday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance amidst trading in 6 securities in which 5 shares advanced; while BIG Trade and Investment (BIGP) solely declined.

Egypt’s Prime Minister Hesham Kandil has visited the Egyptian Exchange headquarters and delivered a speech stressing on the pivotal role played by the bourse.

BIG Trade and Investment (BIGP) dived by 4.81% to finish at EGP 2.77 having  traded value of EGP 22.853 thousand distributed to 8.250 thousand securities exchanged through 6 transactions.

On the other hand, Utopia Real Estate Investment and Tourism (UTOP) led NILEX upwards as they jumped by 4.92% to close at EGP 10.02 having traded value of EGP 511.476 thousand distributed to 51.062 thousand securities exchanged through 67 transactions.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL) soared by 4.75% to conclude at EGP 6.84 topping NILEX traded value of EGP 990.088 thousand distributed to 144.747 thousand securities exchanged through 101 transactions.

Misr Kuwait Investment & Trading Co. (MKIT) surged by 3.09% to end at EGP 1 recording traded value of EGP 34.553 distributed to 34.402 thousand securities exchanged through 9 transactions.

Additionally, Univert for Food Industries (UNFO) climbed by 2.04% to end at EGP 1 having traded value of EGP 253.624 thousand distributed to 254.101 thousand securities exchanged through 27 transactions.

Al-Moasher for Programming and Information Dissemination (AMPI) inched higher 1.86% to conclude at EGP 1.64 recording traded value of EGP 485.670 thousand distributed to 295.975 thousand securities exchanged through 65 transactions.

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