EGX ends Wednesday in green, market cap. gains LE 6.6B


Wed, 25 Mar 2020 - 01:33 GMT

FILE- Employees in the EGX following performance of the trading session

FILE- Employees in the EGX following performance of the trading session

CAIRO – 25 March 2020: The Egyptian Exchange (EGX) ended Wednesday’s session in green, adding LE 6.62 billion to market capitalization, amid Egyptian and Arab purchases.

The benchmark EGX 30 rose 0.97 percent, or 95.19 points, to close at 9,865.67 points.

The equally weighted index EGX 50 increased 2.41 percent, or 30.95 points, to end at 1,313.33 points.

Moreover, the small and mid-cap index EGX 70 inched up 2.76 percent, or 24.96 points, to close at 930.11 points, and the broader index EGX 100 hiked 1.96 percent, or 19.86 points to 1,021.87 points.

Market capitalization gained LE 6.62 billion, recording LE 540.51 billion, compared to LE 533.89 billion in Tuesday’s session.

The trading volume reached 213.11 million shares, traded through 21,186 transactions, with a turnover of LE 677.89 million.

Foreign investors were net sellers at LE 153.83 million, while Egyptian and Arab investors were net buyers at LE 150.83 million, and LE 2.32 million, respectively.

Egyptian and Arab individuals were net buyers at LE 63.19 million, and LE 18.11 million , respectively, while foreign individuals were net sellers at LE 66,039.

Arab and foreign organizations sold at LE 15.78 million, and LE 153.09 million, respectively, while Egyptian organizations bought at LE 87.64 million.

El Kahera Housing, Atlas for Investment and Food Industries, and Sabaa International Company for Pharmaceutical and Chemical were top gainers of the session at 9.80 percent, 9.77 percent and 9.54 percent, respectively.

Meanwhile, Wadi Kom Ombo Land Reclamation, Misr Duty Free Shops, and Sinai Cement were top losers of the session by 9.91 percent, 9.58 percent, and 9.42 percent, respectively.

On Tuesday, EGX ended the session in a semi-collective regression, as EGX 30 dipped 2.76 percent, EGX 50 dropped 1.27 percent, and EGX 100 declined 0.96 percent, while index EGX 70 inched up 0.04 percent



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