EGX shows mixed performance Tuesday, market cap. gains LE 2.15B

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Tue, 11 Aug 2020 - 02:49 GMT

BY

Tue, 11 Aug 2020 - 02:49 GMT

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

CAIRO – 11 August 2020: The Egyptian Exchange (EGX) ended Tuesday on mixed note, adding LE 2.13 billion to market capitalization, amid Egyptian and Arab purchases.

 

The benchmark EGX30 declined 0.17 percent, or 18.76 points, to close at 10,919.47 points.

 

On the other hand, the equally weighted index EGX 50 increased 1.13 percent, or 21.58 points, to end at 1,935.65 points. 

    

The small and mid-cap index EGX 70 hiked 1.48 percent, or 23.82 points, to close at 1,638.17 points, and the broader index EGX 100 climbed 1.32 percent, or 32.73 points to 2,507.99 points. 

 

 

Market capitalization gained LE 2.13 billion, recording LE 606.65 billion, compared to LE 604.51 billion in Monday’s session.

 

 

The trading volume reached 692.15 million shares, traded through 50,839 transactions, with a turnover of LE 1.53 billion. 

 

Foreign investors were net sellers at LE 62.34 million, while Egyptian and Arab investors were net buyers at LE 21.11 million, and LE 41.23 million, respectively. 

 

Egyptian, and foreign individuals were net sellers at LE 88.25 million and LE 390,792, respectively, while Arab individuals were net buyers at LE 16.18 million. 

 

Foreign organizations sold at LE 61.95 million, while Egyptian and Arab bought at LE 109.37 million, and LE 25.05 million, respectively. 

 

Arab Cotton Ginning, Delta for Printing & Packaging, and Egyptian Iron & Steel were top gainers of the session at 14.35 percent, 9.88 percent and 7.90 percent, respectively. 

 

Meanwhile, Osool ESB Securities Brokerage, Six of October Development & Investment (SODIC), and El Nasr for Manufacturing Agricultural Crops were top losers of the session by 7.75 percent, 3.3359 percent, and 3.50 percent, respectively. 

 

EGX ended Monday on mixed note as: EGX30 dipped 0.22 percent, while EGX 50 increased 0.30 percent, EGX 70 hiked 0.64 percent, and EGX 100 jumped 0.43 percent.

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