Egyptian stock alert

EGYPT

CLOSING UPDATE: Barbary Investment Group hits 52-week high twelfth time in one month 14 June 2018 15:07 EET

NEWS BITES - MIDDLE EAST & NORTH AFRICA

This is an end of day Alert, produced after today's Egyptian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Barbary Investment Group, Egypt's 4th largest retailer company by market capitalisation, hit a 52-week high of 96.0 qirsh today for the 12th time in the past one month and last traded at 96.0 qirsh. This brought its fifteen-day rise to 42.0 qirsh or 77.8%. Trading volume was 4.0 times average at the end of the day. Compared with the EGX 30 Index which rose 42.6 points (or 0.3%) in the day, this represented a relative price increase of 4.1%.

Technical indicators complementing today's significant uptrend:

+ In the last one month the stock has hit a new 52-week high twelve times, pointing to a significant uptrend.

+ The price soared 23.1% in the last week and 92.0% in the last month.

TODAY'S ALERT

Afternoon Alert: Barbary Investment Group in 15th consecutive rise, nears a 49-month high

14 June 2018 12:11 EET

Barbary Investment Group SAE (NILEX:BIGP) extended its gains Thursday, rising an additional 4.0 qirsh (or 4.3%) to trade at 96.0 qirsh. The stock lifted 3.53% on Tuesday and 4.55% on Wednesday bringing its 15-day rise to 77.8%. It is now testing its thirty-four-month high of 96.0 qirsh.

RECENT ALERTS

CLOSING UPDATE: Barbary Investment Group continues significant uptrend, climbs 4.5%

13 June 2018 15:07 EET

Barbary Investment Group, Egypt's 5th largest retailer company by market capitalisation, continued its significant uptrend and climbed 4.0 qirsh (or 4.5%) to trade at 92.0 qirsh today. Compared with the EGX 30 Index which rose 240.2 points (or 1.5%) in the day, this represented a relative price increase of 3.0%.

Afternoon Alert: Barbary Investment Group in 14th consecutive rise, nears a 48-month high

13 June 2018 12:14 EET

Barbary Investment Group SAE (NILEX:BIGP) extended its gains Wednesday, rising an additional 4.0 qirsh (or 4.5%) to trade at 92.0 qirsh. The stock climbed 4.94% on Monday and 3.53% on Tuesday bringing its 14-day rise to 70.4%. It is now testing its thirty-four-month high of 92.0 qirsh.

Barbary Investment Group SAE (NILEX:BIGP)

ISIN: EGS551D1C017

PermID: 5000466785

Source: www.BuySellSignals.com