EGX ends Thursday on mixed note, market cap. gains LE3.19B

CAIRO – 14 October 2021: The Egyptian Exchange (EGX) ends Thursday on mixed note, adding around LE 3.19 billion to market capitalization, amid foreign selling.

The benchmark EGX30 hiked 1.05 percent, or 114.19 points, to end at 10,995.59 points.

The equally weighted index EGX 50 inched up 0.01 percent, or 0.24 points, to end at 2,276.52 points.

On the other hand, the small and mid-cap index EGX 70 decreased 0.41 percent, or 10.89 points, to close at 2,636.6 points, and the broader index EGX dipped 0.16 percent, or 5.64 points, to close at 3,593.06 points.

Market capitalization gained around LE 3.19 billion, recording LE 711.62 billion, compared to LE 708.43 billion in Tuesday’s session.

The trading volume reached 356.2 million shares, traded through 34,787 transactions, with a turnover of LE 1.08 billion.

Foreign investors were net sellers at LE 99.64 million, while Egyptian and Arab investors were net buyers at LE 87.14 million, and LE 12.5 million, respectively.

Egyptian, and foreign individuals were net sellers at LE 64.93 million, and LE 3.56 million, respectively, while Arab individuals were net buyers at LE 14.58 million.

Arab and foreign organizations sold at LE 2.07 million, and LE 96.07 million, respectively, while Egyptian organizations bought at LE 152.07 million.

Rowad Tourism (Al Rowad), El Arabia Engineering Industries, and MM Group for Industry and International Trade were top gainers of the session at 11.56 percent, 6.63 percent and 6.27 percent, respectively.

Meanwhile, Mansourah Pourtly, Glaxo Smith Kline, and Egyptian Iron & Steel were top losers of the session by 7.60 percent, 6.88 percent, and 5 percent, respectively.