CAIRO – 17 August 2020: The Egyptian Exchange (EGX) ended Monday’s session in semi-collective regression, losing LE 1.6 billion of market capitalization, amid Arab and foreign selling.
The benchmark EGX30 rose 0.20 percent, or 22.51 points, to close at 11,142.77 points.
On the other hand, the equally weighted index EGX 50 dipped 0.98 percent, or 19.33 points, to end at 1,973.40 points.
The small and mid-cap index EGX 70 dropped 0.75 percent, or 12.62 points, to close at 1658.4 points, and the broader index EGX 100 inched down 0.78 percent, or 19.90 points to 2,544.03 points.
Market capitalization lost LE 1.6 billion, recording LE 614 billion, compared to LE 615.66 billion in Sunday’s session.
The trading volume reached 647.98 million shares, traded through 52,898 transactions, with a turnover of LE 1.69 billion.
Egyptian investors were net buyers at LE 35.02 million, while Arab and foreign investors were net sellers at LE 772,858 and LE 34.24 million, respectively.
Egyptian, Arab and foreign individuals were net sellers at LE 85.99 million, LE 2.22 million,and LE 2.26 million, respectively.
Foreign organizations sold at LE 31.98 million, while Egyptian and Arab bought at LE 121 million, and LE 1.45 million, respectively.
International Co for Investment & Development, Alexandria New Medical Center, and Egyptians Housing Development & Reconstruction were top gainers of the session at 9.56 percent, 8.95 percent and 7.50 percent, respectively.
Meanwhile, Rowad Tourism (Al Rowad), Mansourah Pourtly, and Golden Coast Company were top losers of the session by 7.83 percent, 7.38 percent, and 7.18 percent, respectively.
EGX ended Sunday in green as: EGX30 rose 1.61 percent, EGX50 increased 1.94 percent, EGX 70 jumped 1.74 percent, and EGX 100 climbed 1.78 percent.
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