EGX flags in red for 2nd session in row

BY

-

Mon, 02 Nov 2020 - 04:08 GMT

BY

Mon, 02 Nov 2020 - 04:08 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 – 2 November 2020: The Egyptian Exchange (EGX) ended Monday in red for the second session in row, losing LE 713.6 million of market capitalization, amid foreign selling.

 

The benchmark EGX30 declined 0.26 percent, or 26.99 points, to close at 10,429.34 points.

 

The equally weighted index EGX 50 dipped 1.59 percent, or 31.43 points, to end at 1,940.10 points.

 

Moreover, the small and mid-cap index EGX 70 dropped 1.82 percent, or 33.75 points, to close at 1,820.45 points, and the broader index EGX 100 lessened 1.70 percent, or 46.32 points to 2,672.24points.

 

Market capitalization lost around LE 713.6 million, recording LE 600.37 billion, compared to LE 601.08 billion in Sunday’s session.

 

The trading volume reached 436.27 million shares, traded through 44,878 transactions, with a turnover of LE 1.33 billion. 

 

Foreign investors were net sellers at LE 42.26 million, while Egyptian and Arab investors were net buyers at LE 32.73 million, and LE 9.53 million, respectively. 

 

Arab, and foreign individuals were net buyers at LE 5.1 million, and LE 443,319, respectively, while Egyptians individuals were net sellers at LE 29.26 million.

 

Egyptian and Arab organizations bought at LE 61.98 million, and LE 4.43 million, respectively, while foreign organizations sold at LE 42.7 million.

 

El Arabia for Land Reclamation, Nozha International Hospital, and General Company for Land Reclamation, Development & Reconstruction were top gainers of the session at 9.98 percent, 9.70percent and 9.56 percent, respectively. 

 

Meanwhile, Golden Coast Company, Osool ESB Securities Brokerage, and Cairo Pharmaceuticalswere top losers of the session by 9.51 percent, 9.49 percent, and 9.33 percent, respectively.

 

EGX ended Sunday’s session in red, as: EGX30 declined  0.56 percent, EGX 50 decreased 0.93percent, EGX 70 dropped 0.88 percent, and EGX 100 dipped 0.91 percent.

 

Comments

0

Leave a Comment

Be Social