EGX ends week on mixed note, market cap. gains LE 558.37M

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Thu, 03 Sep 2020 - 03:51 GMT

BY

Thu, 03 Sep 2020 - 03:51 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 – 3 September 2020: The Egyptian Exchange (EGX) ended Thursday on mixed note, adding LE 558.37 million to market capitalization, amid Egyptian buying.

 

The benchmark EGX30 dipped 0.30 percent, or 33.41 points, to close at 11,180.81 points.

 

The equally weighted index EGX 50 inched down 0.04 percent, or 0.90 points, to end at 2,013.09 points.

 

On the other hand, the small and mid-cap index EGX 70 rose 0.78 percent, or 14.33 points, to close at 1,849.26 points, and the broader index EGX 100 increased 0.44 percent, or 11.93 points to 2,013.09 points. 

 

Market capitalization gained around LE 558.37 million, recording LE 627.35 billion, compared to LE 626.79 billion in Wednesday’s session.

 

The trading volume reached 346.27 million shares, traded through 39,507 transactions, with a turnover of LE 1.09 billion. 

 

Egyptian investors were net buyers at LE 61.34 million, while Arab and foreign investors were net sellers at LE 21.02 million, and LE 40.32 million, respectively. 

 

Arab and foreign individuals were net sellers at LE 6.48 million and LE 1.06, respectively, while Egyptian individuals were net buyers at LE 63.08 million.

 

Egyptian, Arab and foreign organizations bought at LE 1.74 million, LE 14.54 million, and LE 39.26 million, respectively.

 

Modern Shorouk Printing & Packaging, Egypt for Pourtly, and Ismailia National Food Industries were top gainers of the session at 9.10 percent, 8.71 percent and 8.56 percent, respectively. 

 

Meanwhile, Osool ESB Securities Brokerage, AJWA for Food Industries company Egypt, and Arab Aluminum were top losers of the session by 9.54 percent, 5.57 percent, and 4.72 percent, respectively. 

 

EGX ended Wednesday’s session in a semi-collective rise as: EGX30 dipped 0.18 percent, while EGX 50 inched up 0.01 percent, EGX70 rose 0.22 percent, and EGX 100  increased 0.16 percent.

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