EGX ends Monday in green, market cap. loses LE 4.62B

CAIRO – 12 April 2021: The Egyptian Exchange (EGX) ended Monday in green, adding around LE 4.62 billion to market capitalization, amid Egyptian and foreign purchases.

The benchmark EGX30 hiked 0.55 percent, or 56.96 points, to end at 10,450.09 points.

The equally weighted index EGX 50 climbed 1.56 percent, or 31.08 points, to end at 2,029.26 points.

Moreover, the small and mid-cap index EGX 70 increased 1.75 percent, or 33.87 points, to close at 1,969.81 points, and the broader index EGX 100 jumped 1.48 percent, or 42.58 points, to close at 2,911.35 points.

Market capitalization gained around LE 4.62 billion, recording LE 653.21 billion, compared to LE 648.59 billion in Sunday’s session.

The trading volume reached 543.32 million shares, traded through 43,528 transactions, with a turnover of LE 1.23 billion.

Egyptian investors were net buyers at LE 38.82 million, while Arab and foreign investors were net buyers at LE 13.23 million, and LE 25.58 million, respectively.

Egyptian and foreign individuals were net buyers at LE 12.78 million, and LE 798,703, respectively, while Arab individuals were net sellers at LE 6.98 million.

Arab, and foreign organizations sold at LE 6.24 million, and LE 26.38 million, respectively, while Egyptian organizations bought at LE 26.03 million.

Misr National Steel - Ataqa, Arab Valves Company, Belton Financial Holding were top gainers of the session at 13.07 percent, 9.49 percent and 8.77 percent, respectively.

Meanwhile, Rubex International for Plastic and Acrylic Manufacturing, El Arabia for Land Reclamation, and El Arabia Engineering Industries were top losers of the session by 8.90 percent, 7.26 percent, and 4.19 percent, respectively.