Rana Mamdouh — The Egyptian Exchange (EGX) indices concluded Monday's trading session with a collective rise. The main index, EGX30, increased by 0.4% and closed at the level of 51,098 points.
The equal-weighted indices, EGX70 and EGX100, rose by 1.49% and 1.27% respectively.
Trading Volumes Record EGP 8.5 Billion
Trading on the Egyptian Exchange (EGX) recorded EGP 8.546 billion, across 222 companies, through 253.025 thousand transactions.
The trading included the execution of a deal via the large-cap block trading mechanism on the issued shares of Giza General Contracting and Real Estate Investment amounting to 190 million shares with a value of EGP 129.2 million.
Market prices of shares of 127 companies increased, compared to a decline in 78 companies, while the prices of 18 companies remained unchanged.
Arab and Foreign Investors' Transactions Tend Towards Buying, While Egyptians Tend Towards Selling
Foreign investors' transactions tended towards buying, achieving a net value of EGP 264.399 million, supported by institutions which recorded a net buy of EGP 268.854 million, against EGP 4.455 million in net sales by individuals.
Arab investors' transactions recorded a net buy of EGP 90.425 million, driven by individuals who achieved a net buy of EGP 111.401 million, against EGP 20.975 million in net sales by institutions.
The selling trend dominated Egyptian investors' transactions, recording a net value of EGP 354.825 million, of which EGP 229.011 million was for institutions and EGP 125.813 million for individuals.
Nile Pharmaceuticals Stock Tops the List of Top Gainers by 17.59%
Nile Pharmaceuticals and Chemical Industries – Nile topped the list of top gainers by 17.59%, followed by Speed Medical stock by 10.43%, and Prime Holding for Financial Investments stock by 9.73%.
Middle and West Delta Flour Mills Stock Tops the List of Top Losers by 6.38%
As for the top losers, Middle and West Delta Flour Mills stock topped the list by 6.38%, followed by Suez Canal Bank stock by 4.70%, and the Arab Company for Metallurgical Industries and Industrial Investments stock by 4.31%.
