EGX starts week in green, market cap. gains LE 2.03B

CAIRO – 25 April 2021: The Egyptian Exchange (EGX) ended Sunday’s session in green, adding around LE 2.03 billion to market capitalization, amid Arab purchases.

The benchmark EGX30 inched up 0.04 percent, or 4.21 points, to end at 10,604.28 points.

 The equally weighted index EGX 50 rose 1.81 percent, or 36.97 points, to end at 2,077.99 points.

Moreover, the small and mid-cap index EGX 70 increased 2.43 percent, or 48.82 points, to close at 2,060.57 points, and the broader index EGX 100 jumped 1.79 percent, or 52.72 points, to close at 2,994.77 points.

Market capitalization gained around LE 2.03 billion, recording LE 656.47 billion, compared to LE 654.44 billion in Thursday’s session.

The trading volume reached 514.16 million shares, traded through 37,771 transactions, with a turnover of LE 891.59 million.

Arab investors were net buyers at LE 7.93 million, while Egyptian and foreign investors were net sellers at LE 5.12 million, and LE 2.8 million, respectively.

Arab and foreign individuals were net sellers at LE 3.34 million, and LE 434,069, respectively, while Egyptian individuals were net buyers at LE 48.76 million.

Egyptian and foreign organizations sold at LE 53.89 million, and LE 2.36 million, respectively, while Arab organizations bought at LE 11.3 million.

El Orouba Securities Brokerage, Lecico Egypt, and Atlas for Investment and Food Industries were top gainers of the session at 9.95 percent, 8.95 percent and 8.81 percent, respectively.

Meanwhile, Marsa Marsa Alam for Tourism Development, Kafr El Zayat Pesticides, and Gulf Canadian Real Estate Investment Co. were top losers of the session by 7.69 percent, 7.20 percent, and 3.81 percent, respectively.

On Thursday, EGX ended trading on mixed note, as: EGX30 dropped 0.40 percent, while EGX 50 rose 0.97 percent, EGX 70 increased 2.08 percent, and EGX 100 jumped 1.51 percent.