EGX adds LE 1.69B to market cap. amid red trading


Mon, 09 Dec 2019 - 02:36 GMT

FILE- Employees in the EGX following performance of the trading session on December 12, 2017

FILE- Employees in the EGX following performance of the trading session on December 12, 2017

CAIRO - 9 December 2019: The Egyptian Exchange (EGX) ended Monday’s session in red, adding LE 1.69 billion of market capitalization, amid Egyptian purchases.

The benchmark EGX 30 lessened 0.38 percent, or 51.17 points, to close at 13,442.52 points.

The equally weighted index EGX 50 declined 0.44 percent, or 8.65 points, to end at 1,945.61 points

The small and mid-cap index EGX 70 dipped 0.14 percent, or 0.72 points, to close at 523.07 points, and the broader index EGX 100 inched down 0.22 percent, or 3.04 points, to 1,369.05 points.

Market capitalization gained LE 1.69 billion, recording LE 692.88 billion, compared to LE 691.19 billion in Sunday’s session.

The trading volume reached 58.79 million shares, traded through 11,512 transactions, with a turnover of LE 431.32 million.

Egyptian investors were net buyers at LE 108.08 million, while Arab and foreign investors were net sellers at LE 4.14 million, and LE 103.94 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 38.41 million, LE 5.21 million and LE 4.78 million, respectively.

Egyptian and Arab organizations bought at LE 146.48 million, and LE 1.07 million, respectively, while foreign organizations sold at LE 99.15 million.

National Real Estate Bank for Development, Sabaa International Company for Pharmaceutical and Chemical, and Al Tawfeek Leasing Company-A.T.LEASE were top gainers of the session by 9.68 percent, 9.19 percent and 5.30 percent, respectively.

Meanwhile, Samad Misr -EGYFERT, Ismailia Development and Real Estate Co, and El Nasr For Manufacturing Agricultural Crops were top losers of the session by 8.06 percent, 5.85 percent, and 4.72 percent, respectively

On Sunday, EGX ended trading in red, as EGX30 lessened 0.94 percent, EGX50 declined 0.71 percent, EGX70 dropped 0.51 percent, and EGX100 dipped 0.73 percent.



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