EGX ends week in green, market cap. gains LE7.99B

CAIRO – 23 September 2021: The Egyptian Exchange (EGX) ended Thursday’s session in green, adding around LE 7.99 billion to market capitalization, amid Egyptian and Arab purchases.

The benchmark EGX30 rose 0.43 percent, or 45.96 points, to end at 10,642.02 points.

The equally weighted index EGX 50 hiked 2.12 percent, or 48.62 points, to end at 2,339.34 points.

The small and mid-cap index EGX 70 climbed 3.14 percent, or 84.22 points, to close at 2,763.74 points, and the broader index EGX 100 jumped 2.42 percent, or 87.78 points, to close at 3,722.36 points.

Market capitalization gained around LE 7.99 billion, recording LE 709.03 billion, compared to LE 701.04 billion in Wednesday’s session.

The trading volume reached 388.37 million shares, traded through 46,122 transactions, with a turnover of LE 1.27 billion.

Foreign investors were net sellers at LE 82.44 million, while Egyptian and Arab investors were net buyers at LE 56.67 million, and LE 25.76 million, respectively.

Egyptian, Arab and foreign individuals were net buyers at LE 138.46 million, LE 24.11 million, and LE 2,613, respectively.

Egyptian, and foreign organizations sold at LE 81.78 million, and LE 82.44 million, respectively, while Arab organizations bought at LE 1.64 million.

Mansourah Pourtly, Sharm Dreams Co. for Tourism Investment, and Ismailia Development and Real Estate Co were top gainers of the session at 19.97 percent, 19.92 percent and 19.34 percent, respectively.

Meanwhile, Memphis Pharmaceuticals, Cairo for Investment and Real Estate Development, and Rakta Paper Manufacturing were top losers of the session by 3.94 percent, 3.45 percent, and 1.90 percent, respectively.

EGX ended Wednesday in green, as: EGX30 hiked 0.93 percent, EGX50 increased 3.08 percent, EGX 70 rose 3.10 percent, and EGX 100 jumped 2.80 percent.