EGX starts week on mixed note, market cap. gains LE2.86B

CAIRO - 27 June 2021: The Egyptian Exchange (EGX) ended Sunday’s session in a semi-collective rise, adding around LE 2.86 billion to market capitalization, amid Egyptian and Arab purchases.

The benchmark EGX30 increased 0.25 percent, or 26.16 points, to end at 10,305.02 points.

The small and mid-cap index EGX 70 rose 0.23 percent, or 5.32 points, to close at 2,334.04 points, and the broader index EGX 100 climbed 0.17 percent, or 5.55 points, to close at 3,302.42 points.

 On the other hand, the equally weighted index EGX 50 decreased 0.38 percent, or 8.28 points, to end at 2,192.74 points.

Market capitalization gained around LE 2.86 billion, recording LE 654.32 billion, compared to LE 651.46 billion in Thursday’s session.

The trading volume reached 386.23 million shares, traded through 44,782 transactions, with a turnover of LE 1.25 billion.

Foreign investors were net sellers at LE 22.45 million, while Egyptian and Arab investors were net buyers at LE 15.08 million, and LE 7.37 million, respectively.

Egyptian and foreign individuals were net sellers at LE 2.58 billion, and LE 611,120, respectively, while Arab individuals were net buyers at LE 3.23 million.

Egyptian and Arab organizations bought at LE 17.65 million, and LE 4.14 million, respectively, while foreign organizations sold at LE 21.84 million.

General Company for Land Reclamation, Development & Reconstruction, El Arabia for Land Reclamation, and Egyptian Transport (EGYTRANS) were top gainers of the session at 9.96 percent, 9.56 percent and 9.53 percent, respectively.

Meanwhile, The Egyptian Company for Construction Development-Lift Slab, Contact Financial Holding, and Golden Coast Company were top losers of the session by 9.87 percent, 4.75 percent, and 4.71 percent, respectively.