EGX records semi-collective rise Monday

CAIRO – 30 December 2019: The Egyptian Exchange (EGX) recorded a semi-collective rise during Monday’s session and market capitalization gained LE 4.26 billion, amid foreign purchases.

The benchmark EGX 30 rose 0.90 percent, or 124.28 points, to close at 13,937.26 points.

The equally weighted index EGX 50 hiked 0.39 percent, or 7.61 points, to end at 1,965.58 points, and the broader index EGX 100 climbed 0.12 percent, or 1.62 points to 1,390.95 points.

On the other hand, the small and mid-cap index EGX 70 dipped 0.06 percent, or 0.31 points, to close at 528.81 points.

Market capitalization gained LE 4.26 billion, recording LE 703.1 billion, compared to LE 698.81 billion in Sunday’s session.

The trading volume reached 109.22 million shares, traded through 15,983 transactions, with a turnover of LE 439.73 million.

Foreign investors were net buyers at LE 45.85 million, while Egyptian and Arab investors were net sellers at LE 8.72 million, and LE 37.13 million, respectively.

Egyptian and foreign individuals were net buyers at LE 11.72 million, and LE 514,552, respectively, while Arab individuals were net sellers at LE 14.36 million.

Egyptian and Arab organizations sold at LE 20.44 million, and LE 22.77 million, respectively, while foreign organizations bought at LE 45.33 million.

National Housing for Professional Syndicates, Alexandria Spinning & Weaving (SPINALEX), and Alexandria Containers and goods were top gainers of the session by 9.97 percent, 9.55 percent and 5.14 percent, respectively.

Meanwhile, Maridive & oil services, The Egyptian Company for Construction Development-Lift Slab, and Raya Contact Center were top losers of the session by 4.64 percent, 4.61 percent, and 4.06 percent, respectively.

EGX ended Sunday’s session in red, as: EGX30 dropped 0.52 percent, EGX50 decreased 0.06 percent, EGX70 dipped 0.10 percent, and EGX100 declined 0.18 percent.