Cairo – Mubasher: The Egyptian Exchange (EGX) closed in green zone on Monday amid buying activity by foreign investors and the announcement made by Egypt’s bourse about the forthcoming trading of Misr Fertilizers Production Company – Mopco.
The benchmark index EGX30 went up 0.36% or 29.6 points to close at 8,270.76 points, while the small and medium caps index EGX70 inched up 0.25% to close at 357.58 points.
The broader index EGX100 eased 0.17% to close at 818.21 points.
Trading in Misr Fertilizers Production Company - Mopco (MFPC) shares on the Egyptian Exchange (EGX) expected to start on Wednesday 7 Sep, said EGX Chairman Mohamed Omran.
The market capitalization gained EGP 1.2 billion to close at EGP 415.9 billion. The market witnessed 117.5 million shares changed hands worth EGP 447.5 million.
Out of 169 stocks traded today, decliners outnumbered advancers by 61 to 58, while 52 stocks remained unchanged.
The benchmark index’s top gainers were Orascom Construction, up 3.4%, Cairo Oils and Soap, up 2.0%, and Madinet Nasr for Housing and Development, up 1.2%. Index heavyweight, CIB, also contributed to index gains with its 0.6% jump.
The worst-performing index constituents were Porto Group, Eastern Company, and Egypt Kuwait Holding, after respectively shedding 3.7%, 2.8%, and 2.2%.
