EGX ends Wednesday on mixed note, market cap. gains LE496.48M

CAIRO – 29 December 2021: The Egyptian Exchange (EGX) ended Wednesday on a mixed note, adding around LE 496.48 million to market capitalization, amid Arab and foreign selling.

The benchmark EGX30 declined 0.13 percent, or 15.02 points, to end at 11,898.42 points.

The equally weighted index EGX 50 jumped 0.24 percent, or 5.02 points, to end at 2,077.05 points.

The small and mid-cap index EGX 70 inched up 0.07 percent, or 1.62 points, to close at 2,183.29 points, and the broader index EGX100 climbed 0.10 percent, or 3.21 points, to close at 3,227.81 points.

Market capitalization gained around LE 496.48 million, recording LE 753.49 billion, compared to LE  752.99 billion in Wednesday’s session.

The trading volume reached 321.73 million shares, traded through 34,733 transactions, with a turnover of LE 997.26 million.

Arab, and foreign investors were net sellers at LE 15.63 million, and LE 25.69 million, respectively, while Egyptian investors were net buyers at LE 41.32 million.

Egyptian and Arab individuals were net sellers at LE 48.7 million, and LE 6.89 million, respectively, while foreign individuals were net buyers at LE 5.89 million.

Arab and foreign organizations sold at LE 8.74 million, and LE 31.58 million, respectively, while Egyptian organizations bought at LE 90.02 million.

Egyptian Arabian(Themar) Comp. for Securities & Bonds Brok. EAC , Egyptian Chemical Industries (Kima), and Abou Kir Fertilizers, were top gainers of the session at 19.96 percent, 5.05 percent and 4.63 percent, respectively.

Meanwhile, Societe Arabe Internationale De Banque (SAIB), Egyptians for Investment & Urban Development, and Egyptian Real Estate Group  were top losers of the session by 9.76 percent, 6.95 percent, and 4.99 percent, respectively.