EGX ends Wednesday in green, market cap. gains LE 6.8B

CAIRO – 10  February 2021: The Egyptian Exchange (EGX) ended Wednesday in green, adding LE 6.8 billion to market capitalization, amid Egyptian and Arab purchases.

The benchmark EGX30 rose 0.85 percent, or 97.3 points, to end at 11,545.03 points.

The equally weighted index EGX 50 hiked 1.39 percent, or 33.19 points, to end at 2,416.11 points.

The small and mid-cap index EGX 70 jumped 1.84 percent, or 43.96 points, to close at 2,434.93 points, and the broader index EGX 100 climbed 1.51 percent, or 51.52 points, to close at 3,468.78 points

Market capitalization gained around LE 6.8 million, recording LE 706.33 billion, compared to LE 699.52 billion in Tuesday’s session.

The trading volume reached 827.69 million shares, traded through 53,922 transactions, with a turnover of LE 1.93 billion. 

Arab investors were net sellers at LE 57.83 million, while Egyptian and foreign investors were net buyers at LE 22.44 million, and LE 35.83 million, respectively.

Egyptian and Arab individuals were net buyers at LE 53.1 million, and LE 4.33, respectively, while foreign individuals were net sellers at LE 1.68 million.

Egyptian and Arab organizations sold at LE 30.67 million, and LE 62.16 million, respectively, while foreign organizations bought at LE 37.08 million.

El Orouba Securities Brokerage, El Kahera El Watania Investment, and Raya Holding for Financial Investments were top gainers of the session at 9.95 percent, 9.86 percent and 9.59 percent, respectively. 

Meanwhile, the Arab Dairy Products Co. Arab Dairy - Panda, El Ahram Co. for Printing and Packing, and El-Nile Co. for Pharmaceuticals and Chemical Industries were top losers of the session by 9.86 percent, 5.73 percent, and 4.47 percent, respectively.

On Tuesday, EGX ended the session in red, EGX30 dipped 0.65 percent, EGX 50 declined 0.66 percent, EGX 70 dropped 0.87 percent, and EGX 100 decreased 0.75 percent.