EGX ends Sunday in green, market cap. gains LE 5.88B

CAIRO – 5 December 2021: The Egyptian Exchange (EGX) ended Sunday’s session in green, adding around LE 5.88 billion to market capitalization, amid Egyptian purchases.

The benchmark EGX30 rose 0.73 percent, or 82.98 points, to end at 11,401.33 points.

The equally weighted index EGX 50 climbed 2.24 percent, or 45.19 points, to end at 2,062.87 points.

The small and mid-cap index EGX 70 hiked 2.37 percent, or 51.2 points, to close at 2,208.76 points, and the broader index EGX100 increased 2.03 percent, or 63.77 points, to close at 3,200.46 points.

Market capitalization gained around LE 5.88  billion, recording LE 727.58 billion, compared to LE 721.69 billion in Thursday’s session.

The trading volume reached 465.97 million shares, traded through 48,941 transactions, with a turnover of LE 1.37 billion.

Egyptian investors were net buyers at LE 29.44 million, while Arab and foreign investors were net sellers at LE 4.87 million, and LE 24.56  million, respectively.

Egyptian and foreign individuals were net buyers at LE 22.37 million, and LE 5.19 million, respectively, while Arab individuals were net sellers at LE 11.4 million.

Egyptian and Arab organizations bought at LE 7.06 million, and LE 6.54 million, respectively, while foreign organizations sold at LE 29.76 million.

ODIN Investments, Zahraa Maadi Investment & Development, and Egyptian Real Estate Group were top gainers of the session at 28.63 percent, 19.19 percent and 18.04 percent, respectively.

Meanwhile, the Arab Dairy Products Co. Arab Dairy - Panda, Engineering Industries (ICON), and El Obour Real Estate Investment, were top losers of the session by 7.04 percent, 5.80 percent, and 4.38 percent, respectively.