EGX ends Monday in green, market cap. gains LE2.17B

CAIRO – 11 January 2021: The Egyptian Exchange (EGX) ended Monday in green, adding LE 2.17billion to market capitalization, amid Arab buying.

The benchmark EGX30 rose 0.58 percent, or 65.24 points, to end at 11,278.72 points.

The equally weighted index EGX 50 inched up 0.05 percent, or 1.05 points, to end at 2,301.09 points.

The small and mid-cap index EGX 70 increased 0.47 percent, or 10.16 points, to close at 2,189.76 points, and the broader index EGX 100 climbed 0.43 percent, or 13.52 points, to close at 3,182.46points.

Market capitalization gained around LE 2.17 billion, recording LE 671.54 billion, compared to LE 669.37 billion in Sunday’s session.

The trading volume reached 595.27 million shares, traded through 48,329 transactions, with a turnover of LE 1.53 billion. 

Arab investors were net buyers at LE 86.98 million, while Egyptian and foreign investors were net sellers at LE 63.51 million, and LE 23.47 million, respectively. 

Arab and foreign individuals were net buyers at LE 22.46 million, and LE 3.54 million, respectively, while Egyptian individuals were net sellers at LE 24.21 million.

Egyptian, and foreign organizations sold at LE 39.3 million, and LE 27.02 million, respectively, while Arab organizations bought LE 64.53 million.

Remco for Touristic Villages Construction, Ceramic & Porcelain, and Sinai Cement were top gainers of the session at 7.97 percent, 7.96 percent and 6.06 percent, respectively. 

Meanwhile, Ismailia Misr Pourtly, Raya Holding for Financial Investments, and Arab Valves Companywere top losers of the session by 7.06 percent, 4.74 percent, and 4.52 percent, respectively.

On Sunday, EGX ended trading in green: as EGX30 rose 2.39 percent, EGX 50 hiked 1.22 percent, EGX 70 jumped 1.25 percent, and EGX 100 climbed 1.40 percent.