Egypt Equity Markets | 30 Sep 2015 : Egyptian Equities rebound from losses, EGX30 gains 1.35bps, market cap adds US$ 312 mill….

Cairo, Egypt, Capital Markets in Africa — Egyptian Exchange equity’s trading main index rebounded from losses made during the previous days trading with the benchmark index gaining in the days trading boosted by foreign investor activity on the Exchange. The equity market capitalization ended at EGP 457,170 billion (US$58,387 million)  recorded at the end of the days trading session adding US$ 312 Million from the previous days trading.

The benchmark index EGX30 gained by 1.35 points or 0.02 percent to end 7332.88 points up from the 7331.53 points recorded previously.

From market activity viewpoint, todays turnover was recorded at EGP 2,311  million exchanged in 134 million traded securities and executed in 263 deals. 

Among the 263 traded stocks today, there were 55 price gainers and 85 price losers and 47 that remained unchanged bringing the market breadth to end negative. The gainers were Cairo Oil and Soap which gained by 10 percent to close the trading sessions at EGP 8.69 and EZDK Alexandria rose by 6.66 percent with closing price of EGP 384.5. Delta sugar jumped by 5.53 percent to conclude at EGP 10.5. Nestegypt leapt by 1.15 percent to end at EGP 2.64 and EDFM also gained by 0.05 percent to settle at EGP 42.

On the other hand, Arab Aluminium lost by 16.63 percent to end at EGP 10.73, Cairo Oil and Soap plunged by 16.22 percent to trade at EGP 7.9 and QNB Alahli slumped by 10.03 percent with closing price of EGP 33. Likewise, Assiut Islamic Trading Co. slumped by 6.51 percent to end at EGP 5.46 and PSAD went down by 4.50 percent to trade at EGP 1.06.