FILE- Employees in the EGX following performance of the trading session on December 12, 2017 FILE- Employees in the EGX following performance of the trading session on December 12, 2017

EGX ends Monday on mixed note, market cap. loses LE 8.9B

Mon, Mar. 30, 2020
CAIRO – 30 March 2020: The Egyptian Exchange (EGX) ended Monday’s session on a mixed note, losing LE 8.9 billion of market capitalization, amid Arab and foreign selling.

The benchmark EGX 30 dipped 2.45 percent, or 238.75 points, to close at 9,521.43 points.

The equally weighted index EGX 50 decreased 1.20 percent, or 16.13 points, to end at 1,323.7 points, and the broader index EGX 100 dropped 1.47 percent, or 15.25 points to 1,022.93 points.

On the other hand, the small and mid-cap index EGX 70 rose 0.31 percent, or 3.07 points, to close at 981.16 points.

Market capitalization lost LE 8.9 billion, recording LE 529.05 billion, compared to LE 537.95 billion in Sunday’s session.

The trading volume reached 183.71 million shares, traded through 21,278 transactions, with a turnover of LE 539.6 million.

Egyptian investors were buyers at LE 206.78 million, while Arab and foreign investors were net sellers at LE 12.36 million, and LE 194.42 million, respectively.

Egyptian and foreign individuals were net buyers at LE 40.51 million, and LE 319,205, respectively, while Arab individuals were net sellers at LE 10.14 million.

Arab and foreign organizations sold at LE 2.22 million, and LE 194.74 million, respectively, while Egyptian organizations bought at LE 166.26 million.

Misr Chemical Industries, Sues Canal Company for Technology Settling, and Medical Packaging Company were top gainers of the session at 10 percent, 9.96 percent and 9.95 percent, respectively.

Meanwhile, Misr Duty Free Shops, Wadi Kom Ombo Land Reclamation, and Credit Agricole Egypt were top losers of the session by 8.41 percent, 8.28 percent, and 7.59 percent, respectively.

On Sunday, EGX ended the session on mixed note as: EGX 30 dipped 1.54 percent, or 152.8 points, while EGX 50 increased 0.05 percent, EGX 70 rose 1.95 percent, EGX 100 hiked 0.19 percent.
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