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EGX30 ends rally, retreats by 0.19 % on Sunday

February 17, 2014

Arab Finance: Egyptian stock exchange main index EGX30 declined by 0.19% on Sunday to close at 7,576.65 points, compared to 7,950.71 points on Thursday . Market trade volume reached 167,144,290 shares amounted to LE 1,302,444,569 . Regarding Today Company's performance, market's top 5 gainers in terms of turnover respectively were: Pioneers Holding rose by 2.41 % to close at LE 10.20, Palm Hills dipped by 1.28 % to close at LE 3.08, Orascom Telecom Media And Technology Holding advanced by 0.85 % to close at LE 1.19, Arab Cotton Ginning sided by 0.61 % to close at LE 4.91 and Egyptian Resorts Jumped by 2.11 % to close at LE 1.45. Regarding market players' performance: Local Investors' transactions were extremely prevailing as they made 96.12 % of total market deals. Arab investors ranked in second place with 1.9%, while the Foreign investors made the remaining 1.98%. Arab Investors' purchasing power was clearly proven during today session by its value amounted to L.E 5.8 m. Foreign Investors were also net buyers by the value of LE 383.899 . On the other hand, Local investors chose to heavily sell their stocks to yield L.E 6.2 m  . Individuals' activity dominated the market by an average of 38.84 % compared to 61.51 %, which represented the Institutions' activity.  

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Source: Arab Finance (Egypt)

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