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Local shares end mixed
Published in The Egyptian Gazette on 21 - 03 - 2018


By: Ahmed Kamel
CAIRO, March 21, 2018 - The local stocks ended mixed in high liquidity yesterday. The benchmark index EGX30 rose by 0.19 per cent to17,147.12 points. However, the broader indices EGX70 and EGX100slipped 0.65 and0.16 per cent to 880.83 and 2,261.31 points.
Volume totaled LE2 billion (around $113.6million), market data showed.
Locals and Arabs were net sellers of LE38.5 million and LE58.7 million respectively. Non-Arab investors were net buyers of LE97.28 million, market data showed.
The EGX50 and the EGX20 Capped indices gained 0.8 and 1.29 per cent to 2,889.57 and 17,213.77 points. Of a total 190 traded stocks yesterday 60 shares rose, 86 fell, 44 remained unchanged, market data showed.
Marsa Alam for Development Tourism posted a net loss of LE338,280 in 2017, down from LE1.6 million a year earlier.
Porto Group Holding posted a 109 per cent increase in net profit to LE246 million in 2017, compared to LE118 million a year earlier.
Obour Land for Food Industries said in a bourse filing that its 2017 net profit rose to LE243.19 million, up from LE161.98 million the previous year.


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