EGX enters green zone after 3 sessions of downtick



Thu, 30 Sep 2021 - 05:19 GMT


Thu, 30 Sep 2021 - 05:19 GMT

FILE- Employees in the EGX following performance of the trading session

FILE- Employees in the EGX following performance of the trading session

CAIRO – 30 September 2021: The Egyptian Exchange (EGX) ended the downtrend that lasted for three sessions during Thursday, adding around LE 6.93 billion of market capitalization, amid Arab and foreign purchases.


The benchmark EGX30 rose 1.21 percent, or 125.89 points, to end at 10,517.03 points.


The equally weighted index EGX 50 hiked 1.24 percent, or 28.32 points, to end at 2,313.23 points.


The small and mid-cap index EGX 70 jumped 0.84 percent, or 22.76 points, to close at 2,722.61 points, and the broader index EGX 100 increased 1.09 percent, or 39.7 points, to close at 3,671.65 points.


Market capitalization gained around LE 6.9 billion, recording LE 703.3 billion, compared to LE 696.37 billion in Wednesday’s session.


The trading volume reached 297.16 million shares, traded through 37,493 transactions, with a turnover of LE 906.64 million.

Egyptian investors were net sellers at LE 37.51 million, while Arab and foreign investors were net buyers at LE 19.84 million, and LE 17.67 million, respectively.

Egyptian  and Arab individuals were net buyers at LE 29.19 million, and LE 17.47 million, respectively, while foreign individuals were net sellers at LE 612,301.

Arab and foreign organizations bought at LE 2.36 million, and LE 18.28 million, respectively, while Egyptian organizations sold at LE 66.7 million.


Misr Beni Suef Cement, National Bank of Kuwait- Egypt- NBK, and National Real Estate Bank for Development were top gainers of the session at 16.05 percent, 9.35 percent and 7.74 percent, respectively.


Meanwhile, Gulf Canadian Real Estate Investment Co., El Nasr for Manufacturing Agricultural Crops, and El Arabia Engineering Industries were top losers of the session by 10.73 percent, 5.99 percent, and 5.59 percent, respectively.


EGX ended Wednesday in red, as: EGX30 declined 0.53 percent, EGX 50 dipped 0.42 percent, EGX 70 dropped 0.35 percent, and EGX 100 decreased 0.24 percent. 






Leave a Comment

Be Social