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June 7. EGX sees mixed performance with EGX 30 down 0.17%

Market capitalization gained around LE 3.39 billion, recording LE 642.55 billion, compared to LE 639.16 billion in Sunday’s session

By: Business Today Egypt

Mon, Jun. 7, 2021

The Egyptian Exchange (EGX) closed trading on Monday with a mixed performance, adding around LE 3.39 billion to market capitalization, amid Egyptian and Arab purchases.

EGX 30 declined 0.17 percent, or 17.4 points, to end at 10,105.04 points, while EGX 50 increased 0.74 percent, or 16.61 points, to end at 2,254.31 points.

EGX 70 rose 0.28 percent, or 6.71 points, to close at 2,377.36 points, while EGX 100 jumped 0.50 percent, or 16.43 points, to close at 3,320.65 points.

Market capitalization gained around LE 3.39 billion, recording LE 642.55 billion, compared to LE 639.16 billion in Sunday’s session.

The trading volume reached 750.41 million shares, traded through 56,969 transactions, with a turnover of LE 3.39 billion.

Foreign investors were net sellers at LE 90.78 million, while Egyptian and Arab investors were net buyers at LE 79.08 million, and LE 11.69 million, respectively.

Egyptian and  Arab individuals were net buyers at LE 1.78 billion, and LE 19.35 million, respectively, while foreign investors were net sellers LE 3.07 million.

Egyptian, Arab and foreign organizations sold at LE 1.71 billion, LE 7.65 million, and LE 87.71 million, respectively.

Iron and Steel for Mines and Quarries, Gulf Canadian Real Estate Investment Co., and Belton Financial Holding were top gainers of the session at 9.35 percent, 9.09 percent and 8.40 percent, respectively.

Meanwhile, Golden Coast Company, El Wadi for International and Investment Development, and El Arabia Engineering Industries were top losers of the session by 8.34 percent, 6.62 percent, and 5.24 percent, respectively.

EGX ended Sunday’s session in green, EGX30 rose 0.67 percent, EGX 50 increased 1.61 percent, EGX 70 rose 1.56 percent, and EGX 100 jumped 1.61 percent.