EGX ends Thursday on mixed note, market cap. loses LE 928.99M

CAIRO - 10 June 2021: The Egyptian Exchange (EGX) ended Thursday’s session on mixed note, losing around LE 928.99 million of market capitalization, amid foreign selling.

The benchmark EGX30 declined 0.64 percent, or 64.28 points, to end at 9,977.9 points.

The equally weighted index EGX 50 decreased 0.30 percent, or 6.79 points, to end at 2,256.4 points, and the broader index EGX 100 dipped 0.03 percent, or 0.85 points, to close at 3,333.71points.

 On the other hand, the small and mid-cap index EGX 70 inched up 0.04 percent, or 0.94 points, to close at 2,384.44 points.

Market capitalization lost around LE 928.52 million, recording LE 642.99 million, compared to LE 643.92 billion in Wednesday’s session.

The trading volume reached 483.7 million shares, traded through 47,987 transactions, with a turnover of LE 1.33 billion.

Foreign investors were net sellers at LE 34.45 million, while Egyptian and Arab investors were net buyers at LE 16.27 million, and LE 18.17 million, respectively.

Egyptian and Arab individuals were net buyers at LE 7.03 billion, and LE 74.15 million, respectively, while foreign investors were net sellers LE 972,427.

Arab and foreign organizations sold at LE 55.98 billion, and LE 33.47 million, respectively, while Egyptian organizations bought at LE 9.24 million.

Amer Group Holding, Modern Shorouk Printing & Packaging, and Rowad Tourism (Al Rowad) were top gainers of the session at 10.22 percent, 8.93 percent and 8.83 percent, respectively.

Meanwhile, AJWA for Food Industries Company Egypt, Rakta Paper Manufacturing, and Marsa Marsa Alam for Tourism Development were top losers of the session by 8.36 percent, 6.58 percent, and 5.29 percent, respectively.