EGX ends Wednesday in green, market cap. gains LE 2.02B

BY

Wed, 13 Jan 2021 - 01:53 GMT

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

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

CAIRO – 13  January 2021: The Egyptian Exchange (EGX) ended Wednesday’s session in a collective rise, adding LE 2.02 billion to market capitalization, amid foreign buying.

 

The benchmark EGX30 rose 0.43 percent, or 49.15 points, to end at 11,388.9 points.

 

The equally weighted index EGX 50 hiked 0.63 percent, or 14.39 points, to end at 2,310.57 points.

 

The small and mid-cap index EGX 70 increased 1.09 percent, or 23.92 points, to close at 2,227.97 points, and the broader index EGX 100 climbed 0.96 percent, or 30.76 points, to close at 3,225.53 points.

 

 

Market capitalization gained around LE 2.02 billion, recording LE 674.32 billion, compared to LE 672.3  billion in Tuesday’s session.

 

The trading volume reached 617.99 million shares, traded through 51,763 transactions, with a turnover of LE 1.74 billion. 

 

Foreign investors were net buyers at LE 65.38 million, while Egyptian and Arab investors were net sellers at LE 51.23 million, and LE 14.16 million, respectively. 

 

Egyptian, Arab and foreign individuals were net sellers at LE 86.79 million, LE 38.89 million, and LE 1.8 million, respectively.

 

Egyptian, Arab, and foreign organizations bought at LE 35.56 million, LE 24.73 million, and LE 67.19  million, respectively.

 

Suez Cement, Sabaa International Company for Pharmaceutical and Chemical, and Dice Sport & Casual Wear were top gainers of the session at 9.57 percent, 9.18 percent and 6.36 percent, respectively. 

 

Meanwhile, Egyptian Iron & Steel, El Arabia for Land Reclamation, and Wadi Kom Ombo Land Reclamation were top losers of the session by 9.92 percent, 9.77 percent, and 9.74 percent, respectively.

 

On Tuesday, EGX ended trading on mixed note: as EGX30 rose 0.54 percent, EGX 70 increased 0.65 percent, EGX 100 climbed 0.39 percent, while EGX 50 dipped 0.21 percent.

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