EGX ends Wednesday in semi-collective rise, adds LE1.4B to market cap.

CAIRO – 11 March 2020: The Egyptian Exchange (EGX) ended last session of trading week in a semi-collective rise, adding LE 1.45 billion to market capitalization, amid Egyptian and Arab purchases.

EGX announced earlier that tomorrow, Thursday, will be a paid day off for the bourse workers for bed weather and work will be resumed on Sunday.

The benchmark EGX 30 inched down 0.05 percent, or 5.84 points, to close at 11,194.12 points.

on the other hand, the equally weighted index EGX 50 climbed 0.87 percent, or 13.42 points, to end at 1,553.71 points.

The small and mid-cap index EGX 70 increased 1.42 percent, or 15.39 points, to close at 1,096.22 points, and the broader index EGX 100 jumped 0.52 percent, or 6.05 points to 1,172.81 points.

Market capitalization gained LE 1.45 billion, recording LE 599.77 billion, compared to LE 598.33 billion in Tuesday's session.

The trading volume reached 214.75 million shares, traded through 23,477 transactions, with a turnover of LE 214.75 million.

Foreign investors were net sellers at LE 80.15 million, while Egyptian and Arab investors were net buyers at LE 78.3 million, and LE 1.85 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 23.53 million, LE 14 million and LE 6.64 million, respectively.

Egyptian and Arab organizations bought at LE 101.83 million, and LE 15.86 million, respectively, while Foreign organizations sold at LE 73.51 million.

Alexandria New Medical Center, Rowad Tourism (Al Rowad), and El Arabia Engineering Industries were top gainers of the session at 9.97 percent, 9.56 percent and 9.30 percent, respectively.

Meanwhile, National Housing for Professional Syndicates, Ismailia Misr Poultry, and Arabian Food Industries DOMTY were top losers of the session by 9.91 percent, 9.31 percent, and 6.56 percent, respectively.

On Tuesday, EGX ended the session on a mixed note, as EGX 30 rose 1.97 percent, EGX 50 climbed 0.30 percent, while EGX 70 decreased 0.24 percent, and EGX 100 lessened 0.04 percent.