EGX ends Wednesday in green, market cap. gains LE 6.9B

CAIRO – 20 January 2021: The Egyptian Exchange (EGX) ended Wednesday’s session in green, adding LE 6.9 billion to market capitalization, amid Egyptian buying.

The benchmark EGX30 hiked 0.98 percent, or 113.1 points, to end at 11,598.9 points.

The equally weighted index EGX 50 jumped 1.15 percent, or 26.53 points, to end at 2,338.41 points.

The small and mid-cap index EGX 70 increased 1.06 percent, or 24.13 points, to close at 2,302.85points, and the broader index EGX 100 rose 1.27 percent, or 41.49 points, to close at 3,313.21 points.

Market capitalization gained around LE 6.9 billion, recording LE 690.14 billion, compared to LE 683.18 billion in Tuesday’s session.

The trading volume reached 712.15 million shares, traded through 57,342 transactions, with a turnover of LE 1.72 billion. 

Egyptian investors were net buyers at LE 28.15 million, while Arab and foreign investors were net sellers at LE 12.55 million, and LE 15.59 million, respectively. 

Egyptian and Arab individuals were net sellers at LE 11.55 million, and LE 19.05 million, respectively, while foreign individuals were net buyers at LE 316,779.

Egyptian, and Arab organizations bought at LE 39.7 million, and LE 6.49 million, respectively, while foreign organization sold at LE 15.91 million.

Raya Holding for Financial Investments, Pioneers Holding, and Suez Cement were top gainers of the session at 9.98 percent, 8.45 percent and 7.81 percent, respectively. 

Meanwhile, Gulf Canadian Real Estate Investment Co., CI Capital Holding for Financial Investments, and Egyptian International Pharmaceuticals (EIPICO) were top losers of the session by 4.34 percent, 3.10 percent, and 3.09 percent, respectively.

On Tuesday, EGX ended trading in green: as EGX30 inched up 0.31 percent, EGX 50 hiked 0.27percent, EGX 70  increased 0.77 percent, and EGX 100 rose 0.66 percent

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