EGX ends Tuesday in collective rise, market cap. gains LE 3.8B


Tue, 31 Mar 2020 - 02:33 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 – 31 March 2020: The Egyptian Exchange (EGX) flagged in green during Tuesday’s session, adding LE 3.8 billion to market capitalization, amid Egyptian purchases.

The benchmark EGX 30 rose 0.76 percent, or 72.51 points, to close at 9,593.94 points.

The equally weighted index EGX 50 increased 1.87 percent, or 24.74 points, to end at 1,348.44 points.

Moreover, the small and mid-cap index EGX 70 rose 1.41 percent, or 13.79 points, to close at 994.95 points, and the broader index EGX 100 hiked 0.78 percent, or 7.99 points to 1,030.92 points.

Market capitalization gained LE 3.8 billion, recording LE 532.87 billion, compared to LE 529.05 billion in Monday’s session.

The trading volume reached 228.17 million shares, traded through 25,517 transactions, with a turnover of LE 846.18 million.

Egyptian investors were buyers at LE 400.37 million, while Arab and foreign investors were net sellers at LE 15.25 million, and LE 385.12 million, respectively.

Arab and foreign individuals were net sellers at LE 1.51 million, and LE 48,787, respectively, while Egyptian individuals were net buyers at LE 29.4 million.

Arab and foreign organizations sold at LE 13.74 million, and LE 385.07 million, respectively, while Egyptian organizations bought at LE 370.96 million.

Medical Packaging Company, AJWA for Food Industries company Egypt, and Sharkia National Food were top gainers of the session at 9.99 percent, 9.94 percent and 9.82 percent, respectively.

Meanwhile, Edita Food Industries S.A.E, Sabaa International Company for Pharmaceutical and Chemical, and Arabian Food Industries DOMTY were top losers of the session by 9.93 percent, 8.45 percent, and 7.68 percent, respectively.

On Monday, EGX ended the session on mixed note as: EGX 30 dipped 2.45 percent, EGX 50 decreased 1.20 percent, or 16.13 points, to end at 1,323.7 points, and EGX 100 dropped 1.47 percent, while EGX 70 rose 0.31 percent.



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