EGX ends Sunday in semi-collective rise, market cap. loses LE147.7M

CAIRO – 21 June 2020: The Egyptian Exchange (EGX) ended Sunday’s session in a semi-collective rise, losing LE 147.74 million of market capitalization, amid Arab and foreign selling.

The benchmark EGX30 dipped 0.31 percent, or 33.96 points, to close at 10,823.91 points.

The equally weighted index EGX 50 rose 0.10 percent, or 1.65 points, to end at 1,643.22 points.

The small and mid-cap index EGX 70 climbed 1.19 percent, or 15.77 points, to close at 1,341.34 points, and the broader index EGX 100 jumped 0.71 percent, or 14.9 points to 2,104.14 points.

Market capitalization lost LE 147.74 million, recording LE 579.4 billion, compared to LE 579.55 billion in Thursday’s session.

The trading volume reached 302.52 million shares, traded through 33,703 transactions, with a turnover of LE 760.72 million.

Egyptians investors were net buyers at LE 5.59 million, while Arab and foreign investors were net sellers at LE 1.7 million, and LE 3.87 million, respectively.

Arb and foreign individuals were net buyers at LE 1.32 billion, and LE 4.57 million, respectively, while Egyptian individuals were net sellers at LE 27.35 million.

Egyptian organizations bought at LE 32.94 million, while Arab and foreign organizations sold at LE 3.03 million, and LE 8.45 million, respectively.

Ismailia Development and Real Estate Co., Nozha International Hospital, and Golden Coast Company, were top gainers of the session at 9.55 percent, 9.26 percent and 9.16 percent, respectively.

Meanwhile, Wadi Kom Ombo Land Reclamation, Emerald Real Estate Investment, and Samad Misr -EGYFERT were top losers of the session by 8.56 percent, 7.07 percent, and 6.88 percent, respectively.

EGX ended Thursday’s session on mixed note, as: EGX30 dipped 0.44 percent, and EGX 50 dropped 0.63 percent, while EGX 70 climbed 0.72 percent, and EGX 100 jumped 0.32 percent.