EGX ends mid-week session in green, market cap. gains LE3B

BY

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Tue, 30 Mar 2021 - 01:35 GMT

BY

Tue, 30 Mar 2021 - 01:35 GMT

Stock market- Reuters photo

Stock market- Reuters photo

CAIRO – 30 March 2021: The Egyptian Exchange (EGX) ended Tuesday’s session in green, adding LE 3 billion to market capitalization, amid foreign buying.

 

The benchmark EGX30 inched up 0.01 percent, or 1.27 points, to end at 10,739.69 points.

 

The equally weighted index EGX 50 rose 1.56 percent, or 31.6 points, to end at 2,053.5 points.

 

The small and mid-cap index EGX 70 hiked 1.81 percent, or 35.43 points, to close at 1,987.84 points, and the broader index EGX 100 climbed 1.37 percent, or 39.81 points, to close at 2,940.51 points.

 

Market capitalization gained around LE 3 billion, recording LE 655.58 billion, compared to LE 652.58 billion in Monday’s session.

 

The trading volume reached 652.95 billion shares, traded through 39,683 transactions, with a turnover of LE 1.18 billion.

 

Foreign investors were net buyers at LE 46.47 million, while Egyptian and Arab investors were net sellers at LE 30.5 million, and LE 15.97 million, respectively.

Egyptian, and foreign individuals were net buyers at LE 161.6 million, and LE 557,896, respectively, while Arab individuals were net sellers at LE 5.04 million.

 

Egyptian and Arab organizations sold at LE 192.11 million, and LE 10.93 million, respectively, while foreign organizations bought at LE 45.92 million.

 

General Company for Land Reclamation, Development & Reconstruction, Marsa Marsa Alam for Tourism Development, and Rakta Paper Manufacturing were top gainers of the session at 9.57 percent, 9.10 percent and 9 percent, respectively.

 

Meanwhile, Gulf Canadian Real Estate Investment Co., Saudi Egyptian Investment & Finance, and Nasr Company for Civil Works were top losers of the session by 9.41 percent, 8.76 percent, and 4.37 percent, respectively.

 

On Monday, EGX ended trading on mixed note, as: EGX30 inched down 1.19 percent, while EGX 50 rose 1.57 percent, EGX 70 hiked 2.39 percent, and EGX 100 climbed 1.54 percent.

 

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