EGX shows mixed performance during mid-week session, market cap. gains LE2.7B

CAIRO – 11 October 2021: The Egyptian Exchange (EGX) showed mixed performance during Tuesday, adding around LE 2.7 billion to market capitalization, amid Arab purchases.

The benchmark EGX30 hiked 0.65 percent, or 69.14 points, to end at 10,783.92 points.

The equally weighted index EGX 50 rose 0.35 percent, or 7.93 points, to end at 2,296.11 points.

The small and mid-cap index EGX 70 decreased 0.14 percent, or 3.89 points, to close at 2,679.98 points, and the broader index EGX stabilized at 3,630.61 points.

Market capitalization gained around LE 2.7 billion, recording LE 707.22 billion, compared to LE 704.49 billion in Monday’s session.

The trading volume reached 562.27 million shares, traded through 32,593 transactions, with a turnover of LE 1.68 billion.

Arab investors were net buyers at LE 852.29 million, while Egyptian and foreign investors were net sellers at LE 808.18 million, and LE 44.1 million, respectively.

Egyptian, and foreign individuals were net sellers at LE 65.17 million, and LE 681,179, respectively, while Arab individuals were net buyers at LE 61.89 million.
 

Egyptian and foreign organizations sold at LE 743.01 million, and LE 43.42 million, respectively, while Arab organizations bought at LE 790.4 million.

Gulf Canadian Real Estate Investment Co., Ismailia Development and Real Estate Co, and Delta Sugar were top gainers of the session at 12.24 percent, 7.39 percent and 6.25 percent, respectively.

Meanwhile, El Arabia for Land Reclamation, Rowad Tourism (Al Rowad), and Mansourah Pourtly were top losers of the session by 19.99 percent, 7.97 percent, and 5.25 percent, respectively.

EGX ended Monday in green for the second session in a row, as: EGX30 hiked 0.49 percent, EGX 50 rose 0.45 percent, EGX 70 increased 0.72 percent, and EGX 100 climbed 0.44 percent.