EGX ends Sunday in green despite losing LE 9.39B of market cap.

CAIRO - 6 June 2021: The Egyptian Exchange (EGX) ended Sunday’s session in green, despite losing around LE 9.39 billion of market capitalization, amid Arab and foreign selling.

The benchmark EGX30 rose 0.67 percent, or 67.63 points, to end at 10,122.44 points.

The equally weighted index EGX 50 increased 1.61 percent, or 35.44 points, to end at 2,237.7 points.

The small and mid-cap index EGX 70 rose 1.56 percent, or 36.41 points, to close at 2,370.65 points, and the broader index EGX 100 jumped 1.61 percent, or 52.36 points, to close at 3,304.22 points.

Market capitalization lost around LE 9.39 billion, recording LE 639.16 billion, compared to LE 648.55 billion in Wednesday’s session.

The trading volume reached 499.99 million shares, traded through 51,658 transactions, with a turnover of LE 1.27 billion.

Egyptian investors were net buyers at LE 18.42 million, while Arab and foreign investors were net sellers at LE 502,790, and LE 17.92 million, respectively.

Arab and  foreign individuals were net buyers at LE 7.46 million, and LE 1.65 million, respectively, while Egyptian investors were net sellers LE 6.43 million.

Arab and foreign organizations sold at LE 7.97 million, and LE 19.57 million, respectively, while Egyptian organizations bought at LE 24.86 million.

El Arabia Engineering Industries, Delta Insurance, and Remco for Touristic Villages Construction were top gainers of the session at 14.01 percent, 9.95 percent and 9 percent, respectively.

Meanwhile, Egyptian Real Estate Group, Zahraa Maadi Investment & Development, and International Co for Investment & Development were top losers of the session by 9.17 percent, 7.59 percent, and 6.04 percent, respectively.