EGX ends Monday on mixed note, market cap. gains LE 884.3M

CAIRO – 28 November 2021: The Egyptian Exchange (EGX) ended Monday in a semi-collective rise, adding around LE 884.35 million to market capitalization, amid Egyptian organization purchases.

The benchmark EGX30 dropped 0.58 percent, or 65.53 points, to end at 11,212.3 points.

The equally weighted index EGX 50 rose 1.41 percent, or 27.43 points, to end at 1,974.96 points.

The small and mid-cap index EGX 70 hiked 2.09 percent, or 42.92 points, to close at 2,101.18 points, and the broader index EGX100 increased 1.41 percent, or 42.7 points, to close at 3,062.73 points.

Market capitalization gained around LE 884.35  million, recording LE 715.16 billion, compared to LE 714.27 billion in Sunday’s session.

The trading volume reached 408.03 million shares, traded through 44,111 transactions, with a turnover of LE 954.68 million.

Egyptian investors were net buyers at LE 85.05 million, while Arab and foreign investors were net sellers at LE 17.3 million, and LE 67.75  million, respectively.

Egyptian,and  Arab individuals were net sellers at LE 4.3 million, and LE 12.78 million, respectively, while foreign individuals were net buyers at LE 2.33 million.

Arab and foreign organizations sold at LE 4.5 million, and LE 70.08 million, respectively, while Egyptian organizations bought at LE 89.35 million.

Arab Co. for Asset Management and Development, Arab Real Estate Investment CO.-ALICO, and Misr Beni Suef Cement, were top gainers of the session at 19.45 percent, 9.70 percent and 8.68 percent, respectively.

Meanwhile, Eastern Company, Gulf Canadian Real Estate Investment Co., and Egyptian Real Estate Group were top losers of the session by 10.08 percent, 4.75 percent, and 4.75 percent, respectively.