Last Update 1:41
Wednesday, 27 March 2019

Egypt’s market up amid modest turnover, foreign selling

Non-Arab foreign investors contributed around 86 percent of trade and were net sellers to the tune of LE11.6 million

Ahram Online , Sunday 29 Mar 2015
Share/Bookmark
Views: 1538
Share/Bookmark
Views: 1538

Egypt’s main index inched up 0.12 percent on Sunday, recording 9,062 points amid modest daily stock turnover of LE217.7 million.

The index, which saw a significant hike at the beginning of the session, soon declined on foreign investors selling.

Non-Arab foreign investors unusually contributed around 86 percent of trade and were net sellers to the tune of LE11.6 million.

Market bellwether Commercial International Bank (CIB) edged up 0.18 percent to LE56.8 per share.

Egypt’s leading investment bank, EFG-Hermes, was the session’s second largest decliner falling 2.15 percent to 3.57 per share. It was preceded by Oriental Weavers, which dropped 3.57 percent to LE10.41 per share.

Orascom Telecom Media and Technology Holding Company achieved the highest turnover value at LE20 million, rising 0.88 percent to LE1.13 per share.

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.