EGX ends Tuesday in green, market cap. gains LE 5.8B

CAIRO – 17 November 2020: The Egyptian Exchange (EGX) ended Tuesday session in green, adding LE 5.8 billion to market capitalization, amid Egyptian purchases.

The benchmark EGX30 rose 1.01 percent, or 110.85 points, to close at 11,063.98 points.

The equally weighted index EGX 50 hiked 2.25 percent, or 47.50 points, to end at 2,162.89 points.

Moreover, the small and mid-cap index EGX 70 jumped 1.31 percent, or 26.03 points, to close at 2,016.46 points, and the broader index EGX 100 climbed 1.62 percent, or 47.15 points to 2,958.73 points.

Market capitalization gained around LE 5.8 billion, recording LE 636.21 billion, compared to LE 630.33 billion in Monday’s session.

The trading volume reached 719.68 million shares, traded through 57,284 transactions, with a turnover of LE 2.19 billion. 

Egyptian investors were net buyers at LE 250.66 million, while Arab and foreign investors were net sellers at LE 24.66 million, and LE 226 million, respectively. 

Egyptian, and Arab individuals were net sellers at LE 38.49 million, and LE 7.35 million, respectively, while foreign individuals were net buyers at LE 36,369.

Arab, and foreign organizations sold at LE 17.31 million , and LE 226.04 million, respectively, while Egyptian organizations bought at LE 289.15 million.

ODIN Investments, Arab Valves Company, and Nasr Company for Civil Works were top gainers of the session at 16.47 percent, 10.90 percent and 10.14 percent, respectively. 

Meanwhile, Middle & West Delta Flour Mills, General Company for Land Reclamation, Development & Reconstruction, and Nozha International Hospital were top losers of the session by 9.80 percent, 7.93 percent, and 6.99 percent, respectively.