EGX ends Sunday in green, market cap. gains LE7.9B

CAIRO – 24 October 2021: The Egyptian Exchange (EGX) ended Sunday in green, adding around LE 7.96 billion to market capitalization, amid Egyptian purchases.

Thursday, October 21, was off as official holiday on the occasion of the Prophet’s birthday.

The benchmark EGX30 rose 0.48 percent, or 53.81 points, to end at 11,185.88 points.

The equally weighted index EGX 50 increased 0.25 percent, or 5.57 points, to end at 2,192.76 points.

The small and mid-cap index EGX 70 hiked 0.83 percent, or 20.04 points, to close at 2,433.6 points, and the broader index EGX climbed 0.86 percent, or 29.01 points, to close at 3,419.17 points.

Market capitalization gained around LE 7.97 billion, recording LE 750.07 billion, compared to LE 742.11 billion in Wednesday’s session.

The trading volume reached 443.19 million shares, traded through 47,824 transactions, with a turnover of LE 1.39 billion.

Egyptian investors were net buyers at LE 108.18 billion, while Arab and foreign investors were net sellers at LE 48.39 billion, and LE 59.78 billion, respectively.

Egyptian and foreign individuals were net sellers at LE 27.26 million, and LE 9.04 million, respectively, while Arab individuals were net buyers at LE 29.35 million.

Arab and foreign organizations sold at LE 77.75 billion, and LE 50.74 million, respectively, while Egyptian organizations bought at LE 135.44 billion.

El Arabia Engineering Industries, National Real Estate Bank for Development, and International Co for Investment & Development were top gainers of the session at 18.21 percent, 18.09 percent and 13.82 percent, respectively.

Meanwhile, the Egyptian Company for Construction Development-Lift Slab, Sharkia National Food, and Fawry for Banking Technology and Electronic Payment were top losers of the session by 18.60 percent, 7.10 percent, and 6.25 percent, respectively.