EGX ends Tuesday in green, market cap. gains LE 3.3B

CAIRO – 19 January 2020: The Egyptian Exchange (EGX) ended Tuesday’s session in green, adding LE 3.3 billion to market capitalization, amid foreign buying.

The benchmark EGX30 inched up 0.31 percent, or 35.26 points, to end at 11,485.8 points.

The equally weighted index EGX 50 hiked 0.27 percent, or 6.33 points, to end at 2,311.88 points.

The small and mid-cap index EGX 70 increased 0.77 percent, or 17.45 points, to close at 2,278.72 points, and the broader index EGX 100 rose 0.66 percent, or 21.3 points, to close at 3,271.72 points.

Market capitalization gained around LE 3.3 billion, recording LE 683.18 billion, compared to LE 679.84 billion in Monday’s session.

The trading volume reached 591.06 million shares, traded through 49,004 transactions, with a turnover of LE 1.44 billion. 

Foreign investors were net buyers at LE 59.9 million, while Egyptian and Arab investors were net sellers at LE 36.73 million, and LE 23.2 million, respectively. 

Arab and foreign individuals were net sellers at LE 19.83 million, and LE 2.74 million, respectively, while Egyptian individuals were net buyers at LE 16.93 million.

Egyptian, and Arab organizations sold at LE 53.66 million, and LE 3.37 million, respectively, while foreign organization bought at LE 62.68 million.

Raya Holding for Financial Investments, Al Tawfeek Leasing Company-A.T.LEASE, and Egypt for Pourtly were top gainers of the session at 8.49 percent, 8.40 percent and 7.37 percent, respectively. 

Meanwhile, Egyptian Transport (EGYTRANS), Arabia Investments Holding, and Suez Cement were top losers of the session by 6.88 percent, 5.17 percent, and 4.52 percent, respectively.

On Monday, EGX ended trading on mixed note: as EGX30 inched up 0.04 percent, and EGX 50 hiked 0.32 percent, while EGX 70 decreased 0.71 percent, EGX 100 dipped 0.73 percent.