Stock prices on the Egyptian Stock Exchange Wednesday 29-5-2019

Economy and stock exchange

Published the "seventh day" the prices of shares of the largest 5 companies have risen, and the shares of the most 5 companies down, the Egyptian Stock Exchange at the close of trading Wednesday, 29-5-2019.

Stop trading 5 companies

EGX decided to suspend trading on the shares of 5 companies for 10 minutes to exceed the 5% during Wednesday's trading session.

The companies that were suspended in circulation were Sharm Dreams for Tourism Investment, Al Gharbia Islamic for Urban Development, Memphis for Pharmaceuticals and Chemical Industries, Ajwa for Food Industries – Egypt, Grand Investment for Financial Investments.

The stock market is losing 4.6 billion pounds

Foreign investors' sales, Egyptian stock indexes, led to a retreat in Wednesday's trading session, amid continued relative improvement in the liquidity level. The market capitalization also declined by 4.6 billion pounds to close at 753.781 billion pounds.

The volume of trading on the shares amounted to 163.2 million securities worth 637 million pounds, through the implementation of 17.5 thousand transactions for 162 companies, the Egyptians accounted for 55.67% of the total transactions, while foreigners accounted for 32.99% and Arabs at 11.34% during the trading session today, Institutions accounted for 54.52% of the stock exchange transactions. The rest of the transactions were for individuals at 45.47%.

The net transactions of Arab individuals and Egyptian and foreign institutions for sale amounted to EGP 7.8 million, EGP 11.6 million and EGP 105.1 million, respectively. The net transactions of Egyptian, foreign and Arab companies were EGP 30 million, EGP 786 thousand and EGP 93.7 million respectively. , Respectively.

The EGX30 index shed 0.38% to close at 13974 points. The EGX 50 index fell 0.66% to close at 2109 points. The EGX30 index of weights dropped 0.71% to close at 17346 points.

On the other hand, the index of EGX70 declined by 0.17% to close at 602 points. The EGX 100 index fell 0.28% to close at 1537 points. The Nile index rose 0.06% to close at 452 points.

Shares of 44 listed companies closed at the close of trading, 70 companies fell, and 48 companies remained unchanged.

High stocks included:

– Grand Investment Holding for the financial sector closed at EGP 4.850 with a rise of 7.78%

– Sharm Dreams for Tourism Investment closed at EGP3.330 with a rise of 6.39%

– Egypt National Steel – Ataqa at a price of EGP 2.570, a rise of 5.33%

– Modern Insulation Materials – Modern Bitumod at a price of EGP 1.336, a rise of 3.73%

– Egyptian Gulf Bank closed at $ 0.532, up 3.50%

Declining stocks included:

– Al Gharbia Islamic for Urban Development closed at EGP 4.090 with a decline of 9.11%

– Memphis Pharmaceuticals and Chemical Industries closed at EGP 9.510, down 7.58%

– Ajwa Food Industries – Egypt closed at EGP3.340, down 5.65%

– Egyptian International Pharmaceutical Industries [EIPICO] closed at EGP 78, down 4.85%

– Lecico Egypt closed at EGP 3.500, down 4.63%

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