COOKIE NOTICE

We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by closing this message box or continuing to use our site. To find out more, including how to change your settings, see our Cookie Policy

Feb 25. EGX closes week in the green, adds LE7.35B to market cap

Net buyers were Egyptian investors at LE 56.95 million, with Egyptian and foreign individuals at LE 48.29 million, and LE 3.79 million

By: Business Today Egypt

Thu, Feb. 25, 2021

The Egyptian Exchange (EGX) ends the week on a positive green note, adding LE 7.35 billion to market capitalization.

EGX jumped up 1.60 percent, or 182.48 points, to end at 11,617.91 points, with EGX 50 climbing percent, or 22.8 points, to end at 2,379.17 points.

EGX 70 went up by 0.93 percent, or 22.04 points, to close at 2,384.46 points, while EGX 100 increased 1.14 percent, or 38.44 points, to close at 3,424.52 points.

Market capitalization gained around LE 7.35 billion, recording LE 709.3 billion, compared to LE 701.95 billion in Wednesday’s session.

The trading volume reached 798.51 million shares, traded through 53,672 transactions, with a turnover of LE 1.83 billion. 

Net buyers were Egyptian investors at LE 56.95 million, with Egyptian and foreign individuals at LE 48.29 million, and LE 3.79 million.

Net sellers were foreign investors at LE 32.89 million, with Arab investors and individuals at LE 24.06 million and LE 22.27 million.

Arab and foreign organizations sold at LE 1.78 million, and LE 36.69 million, respectively, while Egyptian organization bought at LE 8.66 million.

The Arab Dairy Products Co. Arab Dairy - Panda, Gulf Canadian Real Estate Investment Co., and Glaxo Smith Kline were top gainers of the session at 9.99 percent, 9.98 percent and 9.63 percent, respectively. 

Meanwhile, Dice Sport & Casual Wear, Rubex International for Plastic and Acrylic Manufacturing, and National Bank of Kuwait- Egypt- NBK were top losers of the session by 8.62 percent, 7.33 percent, and 6.77 percent, respectively.

On Wednesday, EGX ended the session on mixed note, EGX30 increased 0.16 percent, while EGX 50 dropped 0.45 percent, EGX 70 declined 0.33 percent, and EGX 100 lessened 0.15 percent.