By Omnia Abdel Razek
Early on today’s session stocks showed a fragile rebound which brought major indices up after two sessions losing streak, nevertheless the momentum was lost after almost 11:30, and early gains were erased. However all major indices closed slightly up.
CASE 30 Index closed 0.13 % up at 8889.51 points, after reaching to its intraday climax 8900.68 points by 11:30. The market traded 168 companies at LE 1,259,192,066; out of which CASE 30 companies accounted for LE 772,967,438; where 14 issues closed up, and the remaining closed down.
Foreign investors were today’s savior; they were the session’s net buyers and accounted for 14.53 % market share, on the other hand local and Arab investors were net sellers and account ted for market shares of 73.7 %, and 11.73 % respectively.
On the Index’s winners list Sidi Kerir Petrochemicals came ahead with 3.08 % to LE 20.07, Alexandria Mineral Oils Company followed with 2.86 % to LE 78.74, South Valley Cement advanced 2.77 % to LE 16.67, ELSWEDY CABLES closed 2.35 % up at LE 106.24, and Medinet Nasr Housing joined the parade with 1.55 % to LE 49.87.
On the downside; Egyptian for Tourism Resorts declined 3.12 % to LE 10.55, El Nasr Clothes & Textiles (Kabo) shed 2.68 % to LE 2.18, Alexandria Real Estate closed 2.47 % down at LE 404.37, ARAB POLVARA SPINNING & WEAVING CO. shed 2.10 % to LE 5.14, and Alexandria Spinning & Weaving (SPINALEX) declined 1.94 % to LE 3.03.
On the turnover list; Egyptian Financial Group-Hermes Holding Company came ahead with LE 106,574,233, and it closed 0.98 % up at LE 48.32, Commercial International Bank (Egypt) traded LE 84,579,914 and closed 1.22 % down at LE 77.17, Orascom Construction Industries (OCI) traded LE 76,117,194 and closed 0.01 % down at LE 460.08, Egyptian for Tourism Resorts traded LE 61,429,708, and Sidi Kerir Petrochemicals came fifth with LE 60,378,224.
