During Wednesday closing session, the Egyptian Exchange (EGX) has posted gains of 4.5 billion as the capital market has amounted to EGP 340.945 billion.
The main index, EGX30 climbed 1.83% to close at 4794.45 p. EGX20 jumped 1.54% to end at 5499.09 p.
Meanwhile, the mid- and small-cap index, the EGX70 increased 1.58% to conclude at 425.89 p. Price index EGX100 edged up 1.88% to finish at 732.51 p.
Traded volume reached 98.359 million securities worth 316.669 million, exchanged through 18.345 thousand transactions.
This was after trading in 171 listed securities; 25 declined and 131 advanced while 15 keeping their previous levels.
Egyptians and Arabs were net buyers seizing 70.98% and 7.47% respectively, of the total markets, with a net equity of EGP 1.192 million and EGP 3.512 million excluding the deals.
On the other hand, the non-Arab Foreigners were net sellers seizing 21.54% of the total markets, with a net equity of EGP 2.319 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 4.35% to reach EGP 28.54.
Orascom Construction Industries:
Shares of Orascom Construction Industries (OCIC.CA) hiked 1.66% to hit EGP 251.47.
EFG-Hermes Holding:
The shares of EFG-Hermes Holding (HRHO.CA) jumped 1.10% to hit EGP 10.98. 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 Telecom Media & Technology Holding:
The shares of Orascom Telecom Media & Technology Holding (OTMT.CA) edged up 0.65% to hit EGP 1.55.
The Cairo-based company’s Zimbabwean unit said active mobile-phone subscribers in that country rose to 2 million.
Orascom Telecom Holding:
The shares owned by Orascom Telecom Holding (OTH) (ORTE.CA) inched higher 0.32% to reach EGP 3.16.
Talaat Moustafa Group:
The shares of Talaat Moustafa Group (TMGH.CA) managed to rose by 0.25% to reach EGP 3.97.
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.
