EGX shows mixed performance Thursday, market cap. gains LE 1.2B

CAIRO – 3 December 2020: The Egyptian Exchange (EGX) ended Thursday session in a semi-collective rise, adding LE 1.2 million to market capitalization, amid Egyptian and Arab purchases.

The benchmark EGX30 inched down 0.08 percent, or 8.33 points, to close at 11,015.01 points.

On the other hand, the equally weighted index EGX 50 rose 0.12 percent, or 2.72 points, to end at 2,216.21 points.

The small and mid-cap index EGX 70 hiked 0.32 percent, or 6.59 points, to close at 2,088.36 points, and the broader index EGX 100 climbed 0.27 percent, or 8.07 points to 3,038.42 points.

Market capitalization gains around LE 1.2 billion, recording LE 642.95 billion, compared to LE 641.72 billion in Wednesday’s session.

The trading volume reached 386.56 million shares, traded through 41,516 transactions, with a turnover of LE 1.37 billion. 

Foreign investors were net sellers at LE 28.09 million, while Egyptian and Arab investors were net buyers at LE 8.7 million, and LE 19.4 million, respectively.

Arab, and foreign individuals were net buyers at LE 16.53 million, and LE 1.77 million, respectively, while Egyptian individuals were net sellers at LE 26.92 million.

Egyptian and Arab organizations bought at LE 35.62 million , and LE 2.87 million, respectively, while foreign organizations sold at LE 29.87 million.

El Ahram Co. for Printing and Packing, Grand Investment Capital, and Abu Dhabi Islamic Bank- Egypt were top gainers of the session at 9.92 percent, 9.90 percent and 7.53 percent, respectively. 

Meanwhile, Egyptian Real Estate Group, Marsa Marsa Alam for Tourism Development, and General Silos & Storage  were top losers of the session by 5.26 percent, 3.04 percent, and 2.88 percent, respectively.