EGX ends Wednesday in green, market cap. gains LE 5.23B

CAIRO - 9 June 2021: The Egyptian Exchange (EGX) ended Wednesday’s session in green, adding around LE 5.23 billion to market capitalization, amid Egyptian and foreign purchases.

The benchmark EGX30 hiked 0.79 percent, or 78.27 points, to end at 10,042.18 points.

The equally weighted index EGX 50 increased 1.40 percent, or 31.19 points, to end at 2,263.19 points.

The small and mid-cap index EGX 70 rose 1.24 percent, or 29.26 points, to close at 2,383.5 points, and the broader index EGX 100 jumped 1.30 percent, or 42.75 points, to close at 3,334.56 points.

Market capitalization gained around LE 5.23 billion, recording LE 643.92 billion, compared to LE 638.69 billion in Tuesday’s session.

The trading volume reached 530.56 million shares, traded through 50,615 transactions, with a turnover of LE 1.37 billion.

Arab investors were net sellers at LE 57.88 million, while Egyptian and foreign investors were net buyers at LE 15.3 million, and LE 42.58 million, respectively.

Arab and  foreign individuals were net buyers at LE 5.31 billion, and LE 122,522, respectively, while Egyptian investors were net sellers LE 3.45 million.

Egyptian and foreign organizations bought at LE 18.74 billion, and LE 42.46 million, respectively, while Arab organizations sold at LE 63.19 million.

Egyptian Chemical Industries (Kima), Gharbia Islamic Housing Development, and Sharkia National Food were top gainers of the session at 10 percent, 8.14 percent and 7.50 percent, respectively.

Meanwhile, Societe Arabe Internationale De Banque (SAIB), Egyptian Iron & Steel, and El Ahram Co. for Printing and Packing were top losers of the session by 9.77 percent, 4.96 percent, and 4.55 percent, respectively.