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June 20. EGX kicks off week with EGX30 down in red zone

Market capitalization lost around LE 813.96 million, recording LE 632.3 million, compared to LE 633.1 billion in Thursday’s session

By: Business Today Egypt

Sun, Jun. 20, 2021

The Egyptian Exchange (EGX) closed trading today with a lone index in the red, losing around LE 813.96 million of market capitalization.

Benchmark index EGX 30 started the week in the red zone, declining 0.69 percent, or 67.68 points, to end at 9,797.91 points.

EGX 50 increased 0.66 percent, or 14.21 points, to end at 2,163.74 points, with EGX 70 climbing 1.40 percent, or 32.05 points, to close at 2,329.53 points, while EGX 100 inched up 0.90 percent, or 28.89 points, to close at 3,255.34 points.

Market capitalization lost around LE 813.96 million, recording LE 632.3 million, compared to LE 633.1 billion in Thursday’s session.

The trading volume reached 466.58 million shares, traded through 48,678 transactions, with a turnover of LE 1.34 billion.

Foreign investors were net sellers at LE 28.15 million, while Egyptian and Arab investors were net buyers at LE 19.39 million, and LE 8.76 million, respectively.

Egyptian and foreign individuals were net sellers at LE 17.9 billion, and LE 289,610, respectively, while Arab investors were net buyers LE 28.76 million.

Arab and foreign organizations sold at LE 20 million, and LE 27.86 million, respectively, while Egyptian organizations bought at LE 37.29 million.

Egyptian for Tourism Resorts, Sharm Dreams Co. for Tourism Investment, and Zahraa Maadi Investment & Development were top gainers of the session at 10.98 percent, 9.10 percent and 8.98 percent, respectively.

Meanwhile, Belton Financial Holding, The Arab Ceramic CO.- Ceramica Remas, and Engineering Industries (ICON) were top losers of the session by 6.94 percent, 6.47 percent, and 5.98 percent, respectively.