Egypt Equity Markets | 13 Sep 2015 : Egyptian Equity Rebounds, market capitalization EGP 1.8 billion higher ….

Cairo, Egypt, Capital Markets in Africa — Egyptian Exchange equity trading ended higher at the end of Sunday’s trading session, after the equity market capitalization gained EGP 1.79 billion (nearly US$229 million) to end at EGP 441.058 billion from EGP 450.376 billion recorded at previous day trading session.

The benchmark index EGX30 gained by 42.67 points or 0.61 percent to end 7,082.00 points. The equal-weighted indexes EGX50 also went up by 0.64 percent or 7.63 points to settle at 1,192.04 points.

EGX70 index, which measures small and mid-cap index, surged by 1.34 percent or 5.11 points to settle at 397.22 points.

The broader index EGX100 advanced by 0.70 percent or 5.77 points to 828.64 points and the EGX20 capped index grew by 0.44 percent or 29.19 points to close at 6,738.83 points.

From market activity viewpoint, today turnover was recorded at EGP 202.889 million exchanged in 100.867 million traded securities in 12,818 deals. The foreign investors stepped in as net buyers with EGP 18.34 million while local and Arab came as net sellers with EGP 18.3 million and EGP 30,000 respectively.

Among the 155 traded stocks today, there were 87 price gainers and 32 price losers which bring the market breath ended positive. The gainers were TransOceans Tours soared by 14.20 percent to close the trading sessions at US$ 0.08 and North Cairo Mills rose by 9.40 percent with closing price of EGP 20.26. Middle Egypt Flour Mills jumped by 6.88 percent to conclude at EGP 14.75. North Africa Co. for Real Estate Investment also gained by 6.11 percent to settle at EGP 2.43 and Natural Gas & Mining Project (Egypt Gas) rose by 5.88 percent to close at EGP 45.35.

On the other hand, Egyptian Real Estate Group Bearer Shares sagged by 7.75 percent to end at EGP 8.09,  Misr Conditioning (Miraco) plunged by 7.50 percent to trade at EGP 70.30 and Delta Insurance slumped by 7.00 percent with closing price of EGP 6.51. Likewise, International Agricultural Products and El Kahera El Watania Investment slumped by 6.86 percent to end at EGP 1.63 and slumped by 6.18 percent to trade at EGP 4.86 respectively.

On the final note, Basic resources sector index ended at 415.53 points after adding by 0.57 percent or 2.39 points, Healthcare & Pharmaceutical gained 0.13 points and Chemical rose by 0.20 percent. Banks sector index advanced by 0.54 percent or 17.87 points to close at 3,331.26 points, Travel & Leisure sector index soared 0.34 percent and Food & Beverages grew by 2.78 percent. Construction & Materials advanced by 0.09 percent and Personal & Household sector index surged by 0.08 percent. The Industrial Goods & Services rose by 0.47 percent and Real Estate added by 0.59 percent. Telecommunications surged by 0.52 percent and Financial Services excluding Banks accelerated by 0.52 percent.