EGX starts week in green, market cap. gains LE 4.36B

CAIRO – 21 February 2021: The Egyptian Exchange (EGX) started week in green, adding LE 4.36 billion to market capitalization, amid Egyptian and Arab purchases.

The benchmark EGX30 rose 0.40 percent, or 45.3 points, to end at 11,425.85 points.

The equally weighted index EGX 50 hiked 0.91 percent, or 21.55 points, to end at 2,383.25 points.

The small and mid-cap index EGX 70 increased 1.77 percent, or 41.67 points, to close at 2,392.06 points, and the broader index EGX 100 climbed 1.37 percent, or 46.08 points, to close at 3,420.42 points

Market capitalization gained around LE 4.36 million, recording LE 701.48 billion, compared to LE 697.12  billion in Thursday’s session.

The trading volume reached 653 million shares, traded through 42,970 transactions, with a turnover of LE 1.25 billion. 

Foreign investors were net sellers at LE 23.88 million, while Egyptian and Arab investors were net buyers at LE 14 million, and LE 9.87 million, respectively.

Egyptian and Arab individuals were net sellers at LE 41.53 million, and LE 21,402, respectively, while foreign individuals were net buyers at LE 339,466.

Egyptian, and Arab organizations bought at LE 55.54 million, and LE 9.89 million, respectively, while foreign organization sold at LE 24.22 million.

National Bank of Kuwait- Egypt- NBK, Grand Investment Capital, and El Ahram Co. for Printing and Packing were top gainers of the session at 9.97 percent, 9.91 percent and 9.88 percent, respectively. 

Meanwhile, Glaxo Smith Kline, Orascom Financial Holding, and Maridive & oil services were top losers of the session by 5.79 percent, 5.28 percent, and 3.61 percent, respectively.

On Sunday, EGX ended the session in red, EGX30 declined 0.29 percent, EGX 50 dipped 0.85 percent, EGX 70 decreased 1.09 percent, and EGX 100 lessened 0.85 percent.