EGX ends Monday in semi-collective rise, market cap. gains LE4.28B

CAIRO – 7 December 2020: The Egyptian Exchange (EGX) ended Monday’s session in a semi-collective rise, adding LE 4.28 billion to market capitalization, amid Arab purchases.

The benchmark EGX30 declined 0.27 percent, or 29.71 points, to close at 10,995.13 points.

On the other hand, the equally weighted index EGX 50 hiked 0.33 percent, or 7.44 points, to end at 2,247.61 points.

The small and mid-cap index EGX 70 jumped 0.56 percent, or 11.88 points, to close at 2,131.03points, and the broader index EGX 100 climbed 0.43 percent, or 13.17 points to 3,088.62 points.

Market capitalization gained around LE 4.28 billion, recording LE 651.51 billion, compared to LE 647.22 billion in Sunday’s session.

The trading volume reached 719.42 million shares, traded through 55,038 transactions, with a turnover of LE 1.77 billion. 

Arab investors were net buyers at LE 67.03 million, while Egyptian and foreign investors were net sellers at LE 27.37 million, and LE 39.66 million, respectively. 

Arab, and foreign individuals were net buyers at LE 46.73 million, and LE 1.77 million, respectively, while Egyptian individuals were net sellers at LE 16.79 million.

Egyptian, and foreign organizations sold at LE 10.58 million , and LE 41.43 million, respectively, while Arab organizations bought at LE 20.3 million.

Ismailia Development and Real Estate Co, El Wadi for International and Investement Development, and Obour Land for Food Industries were top gainers of the session at 8.35 percent, 7.93 percent and 7.31 percent, respectively. 

Meanwhile, Juhayna Food Industries, El Ahram Co. for Printing and Packing, and Giza General Contracting were top losers of the session by 5.13  percent, 5.02 percent, and 4.42 percent, respectively.

On Sunday, EGX ended trading in green, as EGX30 inched up 0.09 percent, EGX50 hiked 1.08 percent, EGX70 climbed 1.47 percent, and EGX100 jumped 1.22 percent.