Egyptian Stock Exchange News Sunday, 9-6-2019

Economy and stock exchange

The Egyptian Stock Exchange (EGX) diversified during the trading session on Sunday 9-6-2019. The most important of these was the end of the Egyptian Stock Exchange, the session on Sunday, the beginning of the week, a collective rise of all indicators, driven by buying from Egyptian and Arab dealers, Billion pounds to close at the level of 750.989 billion pounds.

Global Brokerage

Dr. Mohamed Omran, Chairman of the Board of Directors of the Egyptian Financial Supervisory Authority, issued a decree No. (666) for the year 2019, which includes in its first article the suspension of the International Brokerage Company in securities from practicing the licensed activity for 30 days pursuant to the provisions of Article (30) Capital Market Law No. 95 of 1992 for failing to remove the alleged violation contained in the warning issued on 2 September 2018.

Amran, according to the resolution published on the stock exchange, set the timing of the activation of the decision to suspend the activity of the International Brokerage Company in securities for a period of 30 days from Sunday 9 June to Monday 8 July.

Univert

The opening of the Private Placement Market (OPR) from the trading session on Monday, until the end of the trading session on June 17, to register the orders of sale and purchase on the shares of Univert Food Industries, at a price of 1.01 pounds per share.

The Stock Exchange demanded that all brokering companies register the buy and sell orders in the OPR market with all open orders as well as orders for booking recorded quantities. Until the completion of the deal.

The brokerage companies are required to review their orders through the follow up screens of the orders before the end of the trading session of June 17, and that the companies make any changes in their orders before the end of this date will not allow any adjustments to the statements of orders after the end of this date.

The Securities Listing Committee decided to approve the operation of Univert Food Industries Company in the procedures of delisting the company's issued share capital with an issued capital of LE 89.8 million distributed over 89.8 million shares at a par value of EGP 1 per share from the Egyptian securities listing table. The SME market.

The stock exchange is earning LE 5.9 billion

The Egyptian Stock Exchange ended the week's trading session with a collective rise of all indices, driven by buying from Egyptian and Arab dealers. The market capitalization rose by 5.9 billion pounds to close at 750.989 billion pounds.

The volume of trading on the shares amounted to 96.1 million securities worth 347 million pounds, through the implementation of 15.9 thousand transactions for 150 companies, the Egyptians accounted for 80.17% of the total transactions, while foreigners accounted for 15.34% and Arabs at 4.49% during today's trading session, and acquired Institutions accounted for 34.40% of transactions in the stock exchange, while the rest of the transactions were for individuals at 65.59%.

The net transactions of foreign individuals and Egyptian and foreign institutions amounted to EGP 817 thousand, EGP 22.6 million and EGP 15.5 million respectively. The net transactions of Egyptian, Arab and Arab companies were EGP 32.8 million, EGP 5.9 million and EGP 247 thousand respectively. .

The EGX30 index rose 0.9% to end at 13911 points. The EGX30 index rose 1.62% to close at 2096 points. The EGX30 index of weights rose 1.33% to close at 17244 points.

The index of EGX70 rose by 0.64% to close at 601 points. The EGX 100 index increased 0.73% to close at 1532 points. The Nile Stock Exchange index gained 0.63% to close at 453 points.

Shares of 97 listed companies closed at the close of trading, down 18 companies, and 44 companies remained unchanged.

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