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May 17. EGX begins post-Eid trading on mixed note

Market capitalization lost around LE 527.08 million, recording LE 671.62 billion, compared to LE 672.15 billion in Tuesday’s session

By: Business Today Egypt

Mon, May. 17, 2021

The Egyptian Exchange (EGX) closed the first day of post-Eid and Ramadan trading on a mixed note, with one out of four dropping points.

EGX 30 dipped 0.87 percent, or 93.17 points, to end at 10,674.67 points. On the other hand, EGX 50 hiked 1.03 percent, or 21.72 points, to end at 2,130.54 points. 

EGX 70 climbed 1.07 percent, or 21.72 points, to close at 2,185.13 points, while EGX 100 jumped 0.86 percent, or 26.58 points, to close at 3,123.35 points.

Market capitalization lost around LE 527.08 million, recording LE 671.62 billion, compared to LE 672.15 billion in Tuesday’s session.

The trading volume reached 566.13 million shares, traded through 54,063 transactions, with a turnover of LE 1.59 billion.

Foreign investors were net sellers at LE 80.77 million, while Egyptian and Arab investors were net buyers at LE 44 million, and LE 36.77 million, respectively.

Egyptian and Arab individuals were net buyers at LE 77.09 million, and LE 54.44 million, respectively, while foreign individuals were net sellers at LE 2.67 million.

Egyptian, Arab and foreign organizations sold at LE 33.08 million, LE 17.67 million, and LE 78.1 million, respectively.

Giza General Contracting, AJWA for Food Industries Company Egypt, and Middle & West Delta Flour Mills were top gainers of the session at 12.54 percent, 10.18 percent and 9.79 percent, respectively.

Meanwhile, Acrow Misr, Sabaa International Company for Pharmaceutical and Chemical, and El Arabia for Land Reclamation were top losers of the session by 8.02 percent, 6.14 percent, and 5.49 percent, respectively.