EGX ends week in green, market cap. gains LE 5.96B

CAIRO – 23 December 2021: The Egyptian Exchange (EGX) ended the week in green, adding around LE 5.96  billion to market capitalization, amid Egyptian and Arab purchases.
 

The benchmark EGX30 hiked 1.07 percent, or 124.83 points, to end at 11,755.46 points.

The equally weighted index EGX 50 jumped 1.33 percent, or 27.31 points, to end at 2,077.19 points.

The small and mid-cap index EGX 70 increased 0.88 percent, or 19.01 points, to close at 2,191.06 points, and the broader index EGX100 climbed 0.91 percent, or 29.14 points, to close at 3,232.55 points.

Market capitalization gained around LE 5.96 billion, recording LE 748.39 billion, compared to LE  742.43 billion in Wednesday’s session.

The trading volume reached 370.32 million shares, traded through 42,460 transactions, with a turnover of LE 1.24 billion.

Foreign investors were net sellers at LE 29.44 million, while Egyptian and Arab investors were net buyers at LE 10.55 million, and LE 18.89 million, respectively.

Egyptian and foreign individuals were net sellers at LE 20.41 million, and LE 472,188, respectively, while Arab individuals were net buyers at LE 3.39 million.

Egyptian and Arab organizations bought at LE 30.96 million, and LE 15.49 million, respectively, while foreign organizations bought at LE 28.97 million.

Odin for Investment & Development, International Co for Investment & Development, and International Company For Leasing (IncoLEASE), were top gainers of the session at 12.26 percent, 9.06 percent and 7.89 percent, respectively.

Meanwhile, Abou Kir Fertilizers, Cairo For Investment And Real Estate Development, and ARAB POLVARA SPINNING & WEAVING CO. were top losers of the session by 2.91 percent, 2.88 percent, and 2.88 percent, respectively.