Books by Hani Al-Houti
Thursday, May 18, 2023 09:00 PM
“The Seventh Day” publishes the share prices of the 5 largest companies that achieved an increase, and the share prices of the 5 most declining companies, on the Egyptian Stock Exchange, at the close of trading today, Thursday 5-18-2023.
Suspension of trading of 3 shares
The Egyptian Stock Exchange management announced the suspension of trading in 3 shares for a period of 10 minutes, as they exceeded the 5% increase or decrease during the trading session today, Thursday, and they are: North Cairo Mills and Bakeries, BIG Trade and Investment, and Industrial and Engineering Projects.
The stock market loses 4 billion pounds
The Egyptian Stock Exchange ended Thursday’s trading session, the end of the week’s sessions, with a collective decline in indices for the fourth consecutive session, due to the pressure of sales of Egyptian dealers, amid trading exceeding 1.7 billion pounds, and the market capital lost 4 billion pounds, to close at 1.092 trillion pounds.
The volume of trading in shares amounted to 402.9 million securities, at a value of 1.8 billion pounds, through the implementation of 64.8 thousand transactions for 203 companies, and the Egyptians’ transactions recorded 87.78% of the total transactions, while foreigners accounted for 6%, Arabs 6.22%, and institutions acquired 38.52%. Of the transactions in the stock exchange, the rest of the transactions were the share of individuals by 61.47%.
The net transactions of Egyptian institutions tended to sell at a value of 308.6 million pounds, while the net transactions of Egyptian, Arab and foreign individuals, and Arab and foreign institutions tended to buy at a value of 136.2 million pounds, 5.3 million pounds, 101.5 thousand pounds, 87 million pounds, and 79.9 million pounds, respectively.
The “EGX30” index declined by 0.58% to close at 16745 points, the “EGX50” index rose by 0.23% to close at the level of 3035 points, and the “EGX30 weighted” index decreased by 0.04% to close at the level of 20026 points. The “EGX30 total return” index decreased by 0.5%, to close at 7004 points.
The “EGX 70 of equal weights” index declined by 0.43% to close at 2962 points, and the “EGX 100 of equal weights” index fell by 0.15% to close at 4497 points, while the Excellence index jumped by 1.27% to close at the level of 3745 points, and the Treasury bond index decreased by 0.18%, to close at 1279 points.
The shares of 51 companies listed on the Stock Exchange rose at the close of trading, while the shares of 76 companies declined, and the levels of 76 companies did not change.
High stocks included
North Cairo Mills and Bakeries, with a closing price of EGP 32,240, an increase of 13.84%.
– The right to subscribe to Speed Medical-2 at a closing price of 0.104 pounds, an increase of 6.12%.
– Medical packages, at a closing price of 0.574 pounds, an increase of 5.71%.
– Ibn Sina Pharma, at a closing price of 2.180 pounds, an increase of 5.31%.
– Maritime and Petroleum Services, at a closing price of $0.107, an increase of 4.90%.
Decreased stocks included
– Construction and Engineering Consultancy, at a closing price of EGP 26,250, a decline of 9.86%.
– The Egyptian Gulf Bank, at a closing price of $0.406, a decrease of 7.52%.
– Remco for the construction of tourist villages, at a closing price of 1.822 pounds, a decline of 3.95%.
– Alexandria Spinning and Weaving (Spinalex) at a closing price of EGP 2,690, a decrease of 3.93%.
– Arabia and Polvara Spinning and Weaving – UNIRAP, at a closing price of 3,440 pounds, a decrease of 3.10%.
