EGX ends mid-week session in green, market cap. gains LE5.8B

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Tue, 27 Oct 2020 - 03:01 GMT

BY

Tue, 27 Oct 2020 - 03:01 GMT

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

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

CAIRO – 27 October 2020: The Egyptian Exchange (EGX) ended Tuesday’s session in green, adding LE 5.8 billion to market capitalization, amid Egyptian buying.

 

The benchmark EGX30 rose  0.45 percent, or 47.77 points, to close at 10,559.71 points.

 

The equally weighted index EGX 50 increased 1.71 percent, or 33.5 points, to end at 1,994.06 points.

 

The small and mid-cap index EGX 70 hiked 2.78 percent, or 50.44 points, to close at 1,864.91 points, and the broader index EGX 100 climbed 2.34 percent, or 62.75 points to 2,742.45 points.

 

Market capitalization gained around LE 5.8 billion, recording LE 605.9 billion, compared to LE 600.06 billion in Monday’s session.

 

The trading volume reached 359.86 million shares, traded through 39,904 transactions, with a turnover of LE 1.47 billion. 

 

Egyptian investors were net buyers at LE 364.94 million, while Arab and foreign investors were net sellers at LE 33.09 million, and LE 331.84 million, respectively. 

 

Egyptian, and Arab individuals were net buyers at LE 68.44 million, and LE 9.12 million, respectively, while foreign individuals were net sellers at LE 218,305.

 

Arab and foreign organizations sold at LE 42.22 million, and LE 331.62 million, respectively, while Egyptian organizations bought at LE 296.49 million.

 

El Ahram Co. for Printing and Packing, International Co for Investment & Development, and General Company for Land Reclamation, Development & Reconstruction were top gainers of the session at 10.65 percent, 9.92 percent and 9.91 percent, respectively. 

 

Meanwhile, El Kahera El Watania Investment, Alexandria National Company for Financial Investment, and Kafr El Zayat Pesticides were top losers of the session by 8.72 percent, 3.79 percent, and 3.76 percent, respectively.

 

EGX ended Monday on mixed note, as: EGX30 dipped  0.88 percent, while EGX 50 increased 0.75 percent, EGX 70 hiked 1.59 percent, and EGX 100 climbed 1.24 percent.

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