EGX ends Wednesday in collective rise, market cap. loses LE 224.17M



Wed, 12 Aug 2020 - 02:26 GMT


Wed, 12 Aug 2020 - 02:26 GMT

FILE- Employees in the EGX following performance of the trading session

FILE- Employees in the EGX following performance of the trading session

CAIRO – 12 August 2020: The Egyptian Exchange (EGX) ended Wednesday in green, losing LE 224.17 million of market capitalization, amid Egyptian purchases.


The benchmark EGX30 inched up 0.03 percent, or 2.86 points, to close at 10,922.33 points.


The equally weighted index EGX 50 increased 0.38 percent, or 7.28 points, to end at 1,942.93 points. 


The small and mid-cap index EGX 70 hiked 0.65 percent, or 10.63 points, to close at 1,648.80 points, and the broader index EGX 100 climbed 0.46 percent, or 11.59 points to 2,519.58 points. 



Market capitalization lost LE 224.17 million, recording LE 606.42 billion, compared to LE 606.65 billion in Tuesday’s session.



The trading volume reached 505.46 million shares, traded through 44,182 transactions, with a turnover of LE 1.26 billion. 


Egyptian investors were net buyers at LE 55.84 million, while Arab and foreign investors were net sellers at LE 11.49 million, and LE 44.35 million, respectively. 


Egyptian, and foreign individuals were net buyers at LE 18.02 million and LE 3.69 million, respectively, while Arab individuals were net sellers at LE 12.29 million. 


Foreign organizations sold at LE 48.04 million, while Egyptian and Arab bought at LE 37.82 million, and LE 803,351, respectively. 


Delta for Printing & Packaging, El Nasr Clothes & Textiles (Kabo), and Electro Cable Egypt were top gainers of the session at 9.99 percent, 9.97 percent and 7.86 percent, respectively. 


Meanwhile, El Ahram Co. for Printing and Packing, Rubex International for Plastic and Acrylic Manufacturing, and El Arabia for Land Reclamation were top losers of the session by 8.16 percent, 7.58 percent, and 7.57 percent, respectively. 


EGX ended Tuesday on mixed note as: EGX30 dipped 0.17 percent, while EGX 50 increased 1.13 percent, EGX 70 hiked 1.48 percent, and EGX 100 jumped 1.32 percent



Leave a Comment

Be Social