The real estate actions support the thirties to continue the rally of noon

Rana Mamdouh

The main index of the Egyptian stock market rose 0.28% in mid-sitting Sunday, reaching a level of 13548 points.

Heliopolis Housing in the lead, which rose 5.77%, followed by Nasr City Housing by 3.18%, followed by Sodic Development and Investment on October 6th – 2.12%.

EGX70 and all EGX100 indices increased by 0.09% and 0.18%, respectively.

In the mid-session, 124 stocks were traded, up 44 from 23, while 57.

The transaction volume amounted to 128.045 million pounds on 4585 transactions, which represented 231,722,000 shares at a price of 61.69 pounds for a total value of 14,294 million pounds.

Foreign investors were net buyers of EGP 38.631 million, supported by institutions with net purchases of EGP 38.7 million, compared to EGP 69.6 million.

The sale was dominated by Egyptian investors, registering a net gain of 38.187 million Egyptian pounds, of which 28.036 million for institutions and 10.151 million for individuals.

Arab investors reported net sales of £ 443,255 thousand, led by institutions with net sales of £ 1,264 million, compared to £ 821,711 thousand net purchase of individuals.

Egypt Chemical Industries was the largest producer with a 6.61% increase, followed by Heliopolis Housing at 5.77%, followed by Sinai Cement at 5.07%.

The Egyptian company for the development of the building industry was the biggest loser with 22.02%, followed by Gulf Canadian Real Estate Investment Co by 5.47%, followed by Alexandria Pharmaceuticals and Chemical Industries of 3 , 63%.