EGX ends mid-week in green, market cap. gains LE4.73B

CAIRO - 27 July 2021: The Egyptian Exchange (EGX) ended Tuesday’s session in green, adding around LE 4.73 billion to market capitalization, amid Arab and foreign purchases.

The benchmark EGX30 increased 0.62 percent, or 65.94 points, to end at 10,763.26 points.

The equally weighted index EGX 50 hiked 2.05 percent, or 46.84 points, to end at 2,331.12 points.

The small and mid-cap index EGX 70 climbed 2.32 percent, or 60.33 points, to close at 2,662.66 points, and the broader index EGX 100 jumped 1.93 percent, or 68.92 points, to close at 3,640.9 points.

Market capitalization gained around LE 4.73 billion, recording LE 697.48 billion, compared to LE 692.76 billion in Monday’s session.

The trading volume reached 631.54 million shares, traded through 63,269 transactions, with a turnover of LE 2.06 billion.

Egyptian investors were net sellers at LE 47.74 million, while Arab and foreign investors were net buyers at LE 46.37 million, and LE 1.36 million, respectively.

Egyptian and foreign individuals were net buyers at LE 25.91 million, and LE 364,236, respectively, while Arab individuals were net sellers at LE 6.35 million.

Arab and foreign organizations bought at LE 52.72 million, and LE 1 million, respectively, while Egyptian organizations sold at LE 73.65 million.

AJWA for Food Industries Company Egypt, Development & Engineering Consultants, and Mansourah Pourtly were top gainers of the session at 9.99 percent, 9.12 percent and 8.53 percent, respectively.

Meanwhile, Nasr Company for Civil Works, Gulf Canadian Real Estate Investment Co., and International Co for Investment & Development were top losers of the session by 6.40 percent, 4.76 percent, and 3.86 percent, respectively.

EGX ended Monday on mixed note, as: EGX30 decreased 0.45 percent, while EGX 50 hiked 0.82 percent, EGX 70 climbed 1.12 percent, and EGX 100 jumped 0.71 percent.