EGX ends Monday in semi-collective rise, market cap. gains LE102.8M


Mon, 22 Jun 2020 - 04:49 GMT

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

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

CAIRO – 22 June 2020: The Egyptian Exchange (EGX) ended Monday’s session in a semi-collective rise, adding LE 102.85 million to market capitalization, amid Arab and foreign selling.

The benchmark EGX30 dipped 0.75 percent, or 81.55 points, to close at 10,742.36 points.

The equally weighted index EGX 50 rose 0.36 percent, or 5.91 points, to end at 1,649.13 points.

The small and mid-cap index EGX 70 climbed 1.47 percent, or 19.71 points, to close at 1,361.05 points, and the broader index EGX 100 jumped 1 percent, or 21.02 points to 2,125.16 points.

Market capitalization gained LE 102.85 million, recording LE 579.51 billion, compared to LE 579.4 billion in Sunday’s session.

The trading volume reached 385.15 million shares, traded through 40,384 transactions, with a turnover of LE 1.1 billion.

Egyptians investors were net buyers at LE 133.62 million, while Arab and foreign investors were net sellers at LE 37.56 million, and LE 96.05 million, respectively.

Egyptian and foreign individuals were net buyers at LE 78.16 billion, and LE 3.32 million, respectively, while Egyptian individuals were net sellers at LE 33.16 million.

Egyptian organizations bought at LE 55.46 million, while Arab and foreign organizations sold at LE 4.4 million, and LE 99.38 million, respectively.

Arab Aluminum, Egyptian Iron & Steel, and Rakta Paper Manufacturing, were top gainers of the session at 9.96 percent, 9.96 percent and 9.69 percent, respectively.

Meanwhile, Sharkia National Food, Marsa Marsa Alam For Tourism Development, and South Cairo & Giza Mills & Bakeries were top losers of the session by 5.09 percent, 4.35 percent, and 3.96 percent, respectively.

EGX ended Sunday’s session on mixed note, as: EGX30 dipped 0.31 percent, while EGX 50 rose 0.10 percent, EGX 70 climbed 1.19 percent, and EGX 100 jumped 0.71 percent.



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