EGX ends Monday in semi-collective regression, market cap. loses LE991.24M

CAIRO – 15  February 2021: The Egyptian Exchange (EGX) ended Monday’s session in semi-collective regression, losing LE 991.24 million of market capitalization, amid foreign selling.

The benchmark EGX30 hiked 0.17 percent, or 20.05 points, to end at 11,526.77 points.

On the other hand, the equally weighted index EGX 50 dipped 0.79 percent, or 19.15 points, to end at 2,398.36 points.

The small and mid-cap index EGX 70 decreased 1.57 percent, or 38.18 points, to close at 2,401.2points, and the broader index EGX 100 lessened 1.07 percent, or 37.26 points, to close at 3,431.99 points

Market capitalization lost around LE 991.24 million, recording LE 705.45 billion, compared to LE 706.44 billion in Sunday’s session.

The trading volume reached 481.37 million shares, traded through 49,278 transactions, with a turnover of LE 1.58 billion. 

Foreign investors were net sellers at LE 86.35 million, while Egypt and Arab investors were net buyers at LE 48.52 million, and LE 37.83 million, respectively.

Egyptian, Arab and foreign individuals were net buyers at LE 73.19 million, LE 28.68 million and LE 1.84, respectively.

Egyptian, and foreign organizations sold at LE 24.67 million, and LE 88.19 million, respectively, while Arab organization bought at LE 9.15 million.

MM Group for Industry and International Trade, El Kahera El Watania Investment, and Golden Textiles & Clothes Wool were top gainers of the session at 11.22 percent, 10 percent and 9.92percent, respectively. 

Meanwhile, The Arab Ceramic CO.- Ceramica Remas, Egyptian Arabian (cmar) Securities Brokerage EAC, and Rubex International for Plastic and Acrylic Manufacturing were top losers of the session by 8.97 percent, 8.32 percent, and 6.62 percent, respectively.

On Sunday, EGX ended the session in red, EGX30 declined 0.34 percent, EGX 50 dipped 0.70 percent, EGX 70 decreased 0.55 percent, and EGX 100 lessened 0.54 percent.