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April 22. EGX ends week with 3/4 indices in the green

Market capitalization gained around LE 215.62 million, recording LE 654.44 billion, compared to LE 654.22 billion in Wednesday’s session

By: Hanan Mohamed

Thu, Apr. 22, 2021

The Egyptian Exchange (EGX) ended Thursday’s session on mixed note, adding around LE 215.62 million of market capitalization, amid foreign purchases.

The benchmark EGX30 dropped 0.40 percent, or 42.42 points, to end at 10,600.07 points.

On the other hand, the equally weighted index EGX 50 rose 0.97 percent, or 19.55 points, to end at 2,041.02 points.

Moreover, the small and mid-cap index EGX 70 increased 2.08 percent, or 40.98 points, to close at 2,011.75 points, and the broader index EGX 100 jumped 1.51 percent, or 43.64 points, to close at 2,942.05 points.

Market capitalization gained around LE 215.62 million, recording LE 654.44 billion, compared to LE 654.22 billion in Wednesday’s session.

The trading volume reached 576.17 million shares, traded through 38,604 transactions, with a turnover of LE 922.74 million.

Foreign investors were net buyers at LE 20.84 million, while Arab and foreign investors were net sellers at LE 12.05 million, and LE 8.79 million, respectively.

Egyptian and foreign individuals were net buyers at LE 18.89 million, and LE 1.8 million, respectively, while Arab individuals were net sellers at LE 4.78 million.

Egyptian and Arab organizations sold at LE 30.95 million, and LE 4 million, respectively, while foreign organizations bought at LE 19.03 million.

El Orouba Securities Brokerage, Rowad Tourism (Al Rowad), and Arab Valves Company were top gainers of the session at 9.98 percent, 9.67 percent and 8.48 percent, respectively.

Meanwhile, Egyptian Arabian (cmar) Securities Brokerage EAC, El Obour Real Estate Investment, and Marsa Marsa Alam for Tourism Development were top losers of the session by 9 percent, 8.80 percent, and 4.76 percent, respectively.