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

EGX ends mid-week session in red

Tue, Jan. 21, 2020
CAIRO – 21 January 2020: The Egyptian Exchange (EGX) ended mid-week session in red, losing LE 4.4 billion of market capitalization, amid and Egyptian and foreign selling.

The benchmark EGX 30 lessened 0.97 percent, or 134.01 points, to close at 13,639.72 points.

The equally weighted index EGX 50 dipped 1.17 percent, or 22.1 points, to end at 1,869.36 points.

The small and mid-cap index EGX 70 declined 0.41 percent, or 2.19 points, to close at 527.7 points, and the broader index EGX 100 decreased 0.64 percent, or 8.76 points to 1,368.55 points.

Market capitalization lost LE 4.4 billion, recording LE 691.97 billion, compared to LE 696.37 billion in Monday’s session.

The trading volume reached 132.14 million shares, traded through 15,624 transactions, with a turnover of LE 414.76 million.

Arab investors were net buyers at LE 32.31 million, while Egyptian and foreign investors were net sellers at LE 13.72 million, and LE 18.59 million, respectively.

Egyptian and Arab individuals were net buyers at LE 2.71 million, and LE 8.52 million, respectively, while foreign individuals were net sellers at LE 1.13 million.

Egyptian and foreign organizations sold at LE 16.45 million, and LE 17.46 million, respectively, while Arab organizations bought at LE 23.79 million.

Egypt for Poultry, Sues Canal Company for Technology Settling, and Pyramisa Hotels were top gainers of the session by 10 percent, 9.98 percent and 7.91 percent, respectively.

Meanwhile, MM Group for Industry and International Trade, Misr Beni Suef Cement, and Mena Touristic & Real Estate Investment were top losers of the session by 9.69 percent, 8.77 percent, and 5 percent, respectively.

On Monday, EGX ended the session in red, as EGX 30 dropped 1.04 percent, EGX 50 dipped 1.10 percent EGX70 dropped 0.70 percent, and EGX 100 inched down 0.76 percent.
 
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