EGX ends Tuesday in green, market cap. gains LE 4.64B

CAIRO – 21December 2021: The Egyptian Exchange (EGX) ended Tuesday’s session in the green zone, adding around LE 4.64  billion to market capitalization, amid Egyptian and Arab purchases.

The benchmark EGX30 hiked 0.37 percent, or 42.23 points, to end at 11,524.66 points.

The equally weighted index EGX 50 jumped 0.90 percent, or 17.99 points, to end at 2,022.55 points.

The small and mid-cap index EGX 70 increased 1.52 percent, or 32.12 points, to close at 2,146.61 points, and the broader index EGX100 climbed 1.30 percent, or 40.76 points, to close at 3,166.7 points.

Market capitalization gained around LE 4.64 billion, recording LE 734.89 billion, compared to LE  730.26 billion in Monday’s session.

The trading volume reached 299.83 million shares, traded through 37,810 transactions, with a turnover of LE 1.37 billion.

Foreign investors were net sellers at LE 64.27 million, while Egyptian and Arab investors were net buyers at LE 57.34 million, and LE 6.93 million, respectively.

Egyptian and foreign individuals were net buyers at LE 16.01 million, and LE 2.155 million, respectively, while Arab individuals were net sellers at LE 5.08 million.

Egyptian and Arab organizations bought at LE 41.34 million, and LE 12.02 million, respectively, while foreign organizations sold at LE 66.42 million.

Arab Real Estate Investment CO.-ALICO, October Pharma, and ZEl Shams Housing & Urbanization were top gainers of the session at 11.95 percent, 10.32 percent and 7.65 percent, respectively.

Meanwhile, Naeem Holding, Extracted Oils, and El Obour Real Estate Investment were top losers of the session by 4.65 percent, 2.90 percent, and 2.72 percent, respectively.