EGX ends Sunday in green, market cap. gains LE 1.58B

CAIRO – 8 November 2020: The Egyptian Exchange (EGX) ended Sunday iin green, adding LE 1.58 billion to market capitalization, amid Arab and foreign buying. 

The benchmark EGX30 jumped 0.48 percent, or 50.98 points, to close at 10,680.27 points.

The equally weighted index EGX 50 climbed 0.48 percent, or 9.54 points, to end at 1,989.83 points.

Moreover, the small and mid-cap index EGX 70 rose 0.65 percent, or 12.06 points, to close at 1,869.25points, and the broader index EGX 100 hiked 0.57 percent, or 15.54 points to 2,732.75 points.

Market capitalization gained around LE 1.58 billion, recording LE 611.21 billion, compared to LE 609.63billion in Thursday’s session.

The trading volume reached 227.61 million shares, traded through 28,240 transactions, with a turnover of LE 601.37 million. 

Egyptian investors were net sellers at LE 6.59 million, while Arab and foreign investors were net buyers at LE 2.3 million, and LE 4.29 million, respectively. 

Egyptian, Arab, and foreign individuals were net sellers at LE 17.43 million, LE 4.73 million and LE 378,906, respectively.

Egyptian, Arab and Foreign  organizations bought at LE 10.83 million, LE 7.03 million and LE 4.67million, respectively.

Cairo Educational Services, Alexandria National Company for Financial Investment, and El Kahera El Watania Investment were top gainers of the session at 9.83 percent, 9.75 percent and 9.64 percent, respectively. 

Meanwhile, General Company for Land Reclamation, Development & Reconstruction, El Arabia for Land Reclamation, and Alexandria New Medical Center were top losers of the session by 9.99 percent, 9.98 percent, and 9.98 percent, respectively.