EGX ends mid-week session on mixed note, market cap. gains LE2.4B

CAIRO – 6 April 2021: The Egyptian Exchange (EGX) ended Tuesday in in a semi-collective regression, adding around LE 2.4 billion to market capitalization, amid Arab and foreign organizations selling.

 The benchmark EGX30 inched up 0.06 percent, or 6.3 points, to end at 10,263.22 points.

On the other hand, the equally weighted index EGX 50 declined 1.11 percent, or 21.57 points, to end at 1,925.63 points.

The small and mid-cap index EGX 70 decreased 1.71 percent, or 32 points, to close at 1,836.52 points, and the broader index EGX 100 lessened 1.17 percent, or 32.64 points, to close at 2,750.69 points.

Market capitalization gained around LE 2.4 billion, recording LE 637.89 billion, compared to LE 635.49 billion in Monday’s session.

The trading volume reached 499.03 million shares, traded through 36,381 transactions, with a turnover of LE 916.17 million.

Egyptian investors were net buyers at LE 54.86 million, while Arab and foreign investors were net sellers at LE 9.46 million, and LE 45.4 million, respectively.

Egyptian, Arab and foreign individuals were net buyers at LE 37.5 million, LE 19.03 million, and LE 22.57 million, respectively.

Arab and foreign organizations sold at LE 28.48 million, and LE 67.96 million, respectively, while Egyptian organizations bought at LE 17.35 million.

Marsa Marsa Alam for Tourism Development, Raya Holding for Financial Investments, and Nozha International Hospital were top gainers of the session at 8.86 percent, 6.25 percent and 5.15 percent, respectively.

Meanwhile, Emerald Real Estate Investment, Speed Medical, and Medical Packaging Company were top losers of the session by 8.99 percent, 8.91 percent, and 8.86 percent, respectively.

On Monday, EGX ended trading in red, as: dropped 1.54 percent, EGX 50 declined 4.20 percent, EGX 70 decreased 6.27 percent, and EGX 100 lessened 4.94 percent.