EGX continues uptrend during Monday, market cap. gains LE5.8B


Mon, 06 Jul 2020 - 02:04 GMT



CAIRO – 6 July 2020: The Egyptian Exchange (EGX) ended Monday in green, adding LE 5.8 billion to market capitalization, amid Egyptian purchases. 


The benchmark EGX30 rose 1.17 percent, or 128.29 points, to close at 11,087.64 points. 


The equally weighted index EGX 50 increased 2.55 percent, or 45.67 points, to end at 1,839.36 points. 


The small and mid-cap index EGX 70 climbed 2.16 percent, or 32.54 points, to close at 1,537.95 points, and the broader index EGX 100 jumped 1.98 percent, or 46.07 points to 2,369.26 points. 


Market capitalization gained LE 5.8 billion, recording LE 606.08 billion, compared to LE 600.24 billion in Sunday’s session. 


The trading volume reached 641.23 million shares, traded through 55,005 transactions, with a turnover of LE 1.85 billion. 


Egyptian investors were net buyers at LE 119.54 million, while Arab and foreign investors were net sellers at LE 22.59 million, and LE 96.95 million, respectively. 


Egyptian and Arab individuals were net sellers at LE 66.02 million, and LE 33.23 million, respectively, while foreign individuals were net buyers at LE 631,326.


Foreign organizations sold at LE 97.58 million, while Egyptian and Arab organizations bought at LE 185.56 million, and LE 10.64 million, respectively. 


Gulf Canadian Real Estate Investment Co., The Egyptian Company for Construction Development-Lift Slab, and Golden Coast Company were top gainers of the session at 9.98 percent, 9.97 percent and 9.61 percent, respectively. 


Meanwhile, Arab Aluminum, Zahraa Maadi Investment & Development, and Delta Construction & Rebuilding were top losers of the session by 9.08 percent, 7.33 percent, and 6.82 percent, respectively. 


EGX ended Sunday, in a collective rise as: EGX30 rose 1.81 percent, EGX 50 increased 3.57 percent, EGX 70 climbed 3.75 percent, and EGX 100 rose 3.46 percent.


CBE and EGX were off on Wednesday and Thursday, July 1 and 2, on the occasion of the seventh anniversary of the June 30 Revolution and the end of fiscal year 2019/2020.




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