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Jan 5. EGX mixed, adds 2.6 billion to market cap

Traded through 41,536 transactions, with a turnover of LE 1.37 billion, trading volume reached 490.19 million shares

By: Business Today Egypt

Tue, Jan. 5, 2021

The Egyptian Exchange (EGX) closed on a mixed note this Tuesday, adding LE 2.6 billion to market capitalization.

EGX 30 benchmark climbed 0.15 percent, or 16.18 points, to end at 10,829.96 points, with EGX 50 rising 0.63 percent, or 14.14 points, to end at 2,248.29 points.

EGX 100 inched up 0.14 percent, or 4.22 points, to close at 3,101.07 points, while EGX 70 declined 0.11 percent, or 2.33 points, to close at 2,141.18 points.

Market capitalization was recorded at LE 656.07 billion, adding LE 2.61 billion to yesterday’s LE 653.45 billion.

Traded through 41,536 transactions, with a turnover of LE 1.37 billion, trading volume reached 490.19 million shares.

Net buyers were foreign investors at LE 53.52 million, with Arab individuals and investors at LE 19.56 million and LE 19.22 million, respectively. Foreign individuals bought at LE 302,703.

Net sellers were Egyptian investors at LE 72.74 million, and individuals at LE 18.24 million.

Egyptian, and Arab organizations sold at LE 54.49 million, and LE 335,499, respectively, while foreign organizations bought LE 53.21 million.

Top gainers of the session of El Ahram Co. for Printing and Packing at 9.69 percent, Raya Holding for Financial Investments at 9.26 percent, and Alexandria New Medical Center at 9.19 percent.

Top losers of the session were Egyptian Arabian (cmar) Securities Brokerage EAC at 9.44 percent, National Housing for Professional Syndicates at 7.34 percent, and Medical Packaging Company at 5.43 percent.

On Monday, EGX ended trading in red: as EGX30 dipped 0.29 percent, EGX 50 dropped 0.52 percent, EGX 70 declined 0.80 percent, and EGX 100 lessened 0.70 percent.