EGX's downtrend over Thursday, market cap. gains LE 5.8B


Thu, 08 Apr 2021 - 02:13 GMT

FILE – Employees in the EGX following performance of the trading session on December 12, 2017

FILE – Employees in the EGX following performance of the trading session on December 12, 2017

CAIRO – 8 April 2021: The Egyptian Exchange (EGX) ended its downtrend during Thursday’s session, closing trading in green zone, adding around LE 5.8 billion to market capitalization, amid Egyptian and Arab purchases.


The benchmark EGX30 hiked 0.74 percent, or 75.88 points, to end at 10,303.55 points.


The equally weighted index EGX 50 climbed 1.36 percent, or 26.08 points, to end at 1,943.68 points.


Moreover, the small and mid-cap index EGX 70 increased 1.97 percent, or 36.28 points, to close at 1,876.56 points, and the broader index EGX 100 jumped 1.57 percent, or 45.76 points, to close at 2,794.05 points.


Market capitalization gained around LE 5.8 billion, recording LE 642.38 billion, compared to LE 636.57 billion in Wednesday’s session.


The trading volume reached 386.61 million shares, traded through 32,200 transactions, with a turnover of LE 725.05 million.


Foreign investors were net sellers at LE 32.28 million, while Egyptian and Arab investors were net buyers at LE 2.47 million, and LE 29.81 million, respectively.


Egyptian and foreign individuals were net sellers at LE 491,929, and LE 4.96 million, respectively, while Arab individuals were net buyers at LE 129,737.

Egyptian, and Arab organizations bought at LE 2.97 million, and LE 29.68 million, respectively, while foreign organizations sold at LE 27.33 million.

Egyptian Real Estate Group, Arabian Cement Company, and Arab Moltaka Investments Co. were top gainers of the session at 9.51 percent, 8.85 percent and 8.55 percent, respectively.


Meanwhile, Delta for Printing & Packaging, ODIN Investments, and Emerald Real Estate Investment were top losers of the session by 8.92 percent, 4.72 percent, and 4.44 percent, respectively.


On Wednesday, EGX ended trading on mixed note, as: EGX30 dipped 0.35 percent, EGX 50 declined 0.42 percent, and EGX 100 inched down 0.09 percent, while EGX70 increased 0.20 percent.




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