Arab Today, arab today egyptian stocks gains as foreign investors go for bigcaps
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

Egyptian stocks gains as foreign investors go for big-caps

Arab Today, arab today

Arab Today, arab today Egyptian stocks gains as foreign investors go for big-caps

Cairo - Arabstoday

Egypt’s stocks made gains during the last session of the week, with benchmark EGX30 index rising 1.89 percent on Thursday to reach 5,438 points. Foreign investors showed an appetite for several big-caps, including Orascom Construction Industries (OCI), Commercial International Bank of Egypt (CIB) and Telecom Egypt (TE), which pushed the market up.   Foreign and Arab investors closed as net buyers, recording net flows of LE30.1 million ($4.3 million) and LE24.6million ($3.5 million) respectively, while domestic investors were net sellers recording a net flow of LE54.7million ($7.8 million). OCI, the biggest market cap, gained 1.44 percent, while Commercial International Bank (Egypt) and Telecom Egypt gained 2.34 percent and 2.19 respectively. Orascom Telecom Holding (OT) and TMG Holding also gained at 3.97 percent and 3.63 percent. The day’s turnover reached LE726.4 million ($103.77 million), considerably higher than the daily average over the last few weeks. Of 165 shares traded during the day, 78 gained in value while 40 lost. The broader index EGX70 gained 0.46 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today egyptian stocks gains as foreign investors go for bigcaps Arab Today, arab today egyptian stocks gains as foreign investors go for bigcaps

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today egyptian stocks gains as foreign investors go for bigcaps Arab Today, arab today egyptian stocks gains as foreign investors go for bigcaps

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday