EGX ends Monday in semi-collective regression

CAIRO – 27 April 2020: The Egyptian Exchange (EGX) ended Monday’s session in a semi-collective regression, losing LE 382.7 million of market capitalization, amid foreign selling.

The benchmark EGX 30 inched down 0.01 percent, or 1.24 points, to close at 10,376 points.

The equally weighted index EGX 50 dipped 0.22 percent, or 3.49 points, to end at 1,591.97 points, and the broader index EGX 100 declined 0.17 percent, or 1.9 points to 1,118.31 points.


On the other hand, the small and mid-cap index EGX 70 increased 0.23 percent, or 2.67 points, to close at 1,187.54 points.

Market capitalization lost LE 382.7 million, recording LE 564.51 billion, compared to LE 564.89 billion in Sunday’s session.

The trading volume reached 404.27 million shares, traded through 36,592 transactions, with a turnover of LE 1.04 billion.

Foreign investors were sellers at LE 100.53 million, while Egyptian and Arab investors were net buyers at LE 77.58 million, and LE 22.94 million, respectively.

Arab and foreign individuals were net buyers at LE 3.34 million, and LE 3.03 million, respectively, while Egyptian individuals were net sellers LE 58.05 million.

Foreign organizations sold at LE 103.56 million, while Egyptian and Arab organizations bought at LE 135.64 million, and LE 19.6 million, respectively.

Gulf Canadian Real Estate Investment Co., Arab Valves Company, and BEl Ahram Co. for Printing and Packing were top gainers of the session at 9.85 percent, 9.59 percent and 9.39 percent, respectively.

Meanwhile, Dice Sport & Casual Wear, Golden Coast Company, and Ismailia Development and Real Estate Co. were top losers of the session by 8.49 percent, 7.27 percent, and 6.68 percent, respectively.

On Thursday, EGX ended the session in green, as: EGX 30 jumped 2.54 percent, EGX 50 rose 3.63 percent, EGX 70 increased 3.39 percent, and EGX 100 climbed 2.29 percent.

On Thursday, the Egyptian Exchange (EGX) decided the time of trading session during the Holy month of Ramadan.

EGX announces trading hours during the Holy month of Ramadan

CAIRO - 23 April 2020: The Egyptian Exchange (EGX) decided the time of trading session during the Holy month of Ramadan. EGX added on its website that trading session of main market listed securities and SMEs market (NILEX); will be from 10:00 am to 1:30 pm, preceded by a discovery session at 9:30 am.