EGX ends Monday in green, market cap. gains LE 6.98M

CAIRO – 6 April 2020: The Egyptian Exchange (EGX) ended Monday’s session in green, adding LE 6.98 billion to market capitalization, amid Egyptian purchases.

The benchmark EGX 30 climbed 1.88 percent, or 174.11 points, to close at 9,446.99 points.

The equally weighted index EGX 50 jumped 1.80 percent, or 23.79 points, to end at 1,344.32 points.

Moreover, the small and mid-cap index EGX 70 increased 1.63 percent, or 16.04 points, to close at 1,002.25 points, and the broader index EGX 100 rose 1.18 percent, or 11.97 points to 1,024.64 points.

Market capitalization gained LE 6.98 billion, recording LE 527.95 billion, compared to LE 520.97 billion in Sunday’s session.

The trading volume reached 187.41 million shares, traded through 24,770 transactions, with a turnover of LE 778.14 million.

Egyptian investors were buyers at LE 250.51 million, while Arab and foreign investors were net sellers at LE 17.99 million, and LE 232.51 million, respectively.

Egyptian, Arab and foreign individuals were net buyers at LE 94.52 million, LE 4.22 million, and LE 217,102 respectively.

Arab and foreign organizations sold at LE 22.22 million, and LE 232.73 million, respectively, while Egyptian organizations bought at LE 155.98 million.

Al Tawfeek Leasing Company-A.T.LEASE, Rowad Tourism (Al Rowad), and Arab Moltaka Investments Co were top gainers of the session at 9.88 percent, 9.72 percent and 8.68 percent, respectively.

Meanwhile, Delta For Printing & Packaging, El Arabia for Land Reclamation, and El Kahera Housing were top losers of the session by 12.30 percent, 9.92 percent, and 9.84 percent, respectively.

On Sunday, EGX ended the session in red as: EGX 30 dipped 1.93 percent, EGX 50 dropped 1.55 percent, EGX 70 lessened 0.97 percent, and EGX 100 declined 1.14 percent.