EGX ends Sunday in green, market cap. gains LE3.47B

CAIRO - 30 May 2021: The Egyptian Exchange (EGX) ended Sunday’s session in green, adding around LE 3.47 million to market capitalization, amid Egyptian and Arab purchases.

The benchmark EGX30 increased 0.58 percent, or 59.28 points, to end at 10,301.58 points.

The equally weighted index EGX 50 hiked 1.54 percent, or 33.36 points, to end at 2,195.77 points.

The small and mid-cap index EGX 70 rose 1.85 percent, or 41.24 points, to close at 2,266.83 points, and the broader index EGX 100 jumped 1.57 percent, or 49.59 points, to close at 3,199.72 points.

Market capitalization gained around LE 3.47 billion, recording LE 655.94 billion, compared to LE 652.47 billion in Thursday’s session.

The trading volume reached 693.95 million shares, traded through 51,788 transactions, with a turnover of LE 1.37 billion.

Foreign investors were net sellers at LE 30.12 million, while Egyptian and Arab investors were net buyers at LE 24.62 million, and LE 5.49 million, respectively.

Egyptian, Arab, and foreign individuals were net buyers at LE 69.66 million, LE 10.66 million and LE 804,716, respectively.

Egyptian, Arab and foreign organizations sold at LE 45.03 million, LE 5.17 million, and LE 30.92 million, respectively.

Iron and Steel for Mines and Quarries, Belton Financial Holding, and Rowad Tourism (Al Rowad), were top gainers of the session at 418.57 percent, 17.22 percent and 13.13 percent, respectively.

Meanwhile, Sharkia National Food, Gharbia Islamic Housing Development, and Raya Holding For Financial Investments were top losers of the session by 6.52 percent, 5.50 percent, and 5.44 percent, respectively.

EGX ended Thursday on mixed note, as: EGX30 decreased 1.23 percent, while EGX 50 hiked 0.41 percent, EGX 70 rose 0.69 percent, and  EGX 100 jumped 0.46 percent.