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April 25. EGX rolls high numbers on all but one index

Market capitalization gained around LE 2.03 billion, recording LE 656.47 billion, compared to LE 654.44 billion in Thursday’s session

By: Business Today Egypt

Sun, Apr. 25, 2021

The Egyptian Exchange (EGX) starts the week on a positive note, with all indices in the green and adding around LE 2.03 billion to market capitalization.

EGX 30 barely inched into the green zone by 0.04 percent, or 4.21 points, to end at 10,604.28 points, with EGX 50 climbing a more impressive 1.81 percent, or 36.97 points, to end at 2,077.99 points.

EGX 70 jumped higher than the rest at 2.43 percent, or 48.82 points, to close at 2,060.57 points, while EGX 100 rose by 1.79 percent, or 52.72 points, to close at 2,994.77 points. 

Market capitalization gained around LE 2.03 billion, recording LE 656.47 billion, compared to LE 654.44 billion in Thursday’s session.

Trading volume reached 514.16 million shares, traded through 37,771 transactions, with a turnover of LE 891.59 million.

Net buyers were Egyptian individuals at LE 48.76 million, with Arab investors at LE 7.93 million.

Net sellers were Egyptian investors at LE 5.12 million, Arab individuals at LE 3.34 million, foreign individuals at LE 2.8 million, and Arab individuals at LE 434,069. 

Egyptian and foreign organizations sold at LE 53.89 million, and LE 2.36 million, respectively, while Arab organizations bought at LE 11.3 million.

El Orouba Securities Brokerage, Lecico Egypt, and Atlas for Investment and Food Industries were top gainers of the session at 9.95 percent, 8.95 percent and 8.81 percent, respectively.

Meanwhile, Marsa Marsa Alam for Tourism Development, Kafr El Zayat Pesticides, and Gulf Canadian Real Estate Investment Co. were top losers of the session by 7.69 percent, 7.20 percent, and 3.81 percent, respectively.

On Thursday, EGX ended trading on mixed note, as: EGX30 dropped 0.40 percent, while EGX 50 rose 0.97 percent, EGX 70 increased 2.08 percent, and EGX 100 jumped 1.51 percent.