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Market report: Slight decline of EGX30 while EGX70 rises

The main Egyptian stock index, the EGX30, fell 0.11 per cent to close at 7,202 points, while the EGX70 rose 1.43 per cent to close at 674.32 points

Ahram Online, Thursday 6 Jan 2011
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The Egyptian market declined today slightly by 0.11 per cent to close at 7,202 points on a total turnover of LE1 billion.

Foreigners and Arab investors were net sellers through the session, recording net flows of LE8.8 million and LE12.7 million respectively, as opposed to domestic closings as net buyers recording a net flow of LE21.5 million.

Institutions closed as net sellers recording a net flow of LE23.4 million. Individuals closed as net buyers.

The Commercial International Bank (CiB) led the market in terms of turnover, recording LE92 million out of which LE55 million were executed on block trades, to close at LE45.99, increasing 1.46 per cent.

Big cap Orascom Construction Industries reserved second place on the most active stocks list in terms of turnover, recording LE85 million.

On the other hand, the EGX70 index rose 1.43 per cent  to close at 674.32 points.

 

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