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July 27. EGX back in the green, adds LE4.73B to market cap

Market capitalization gained around LE 4.73 billion, recording LE 697.48 billion, compared to LE 692.76 billion in Monday’s session

By: Business Today Egypt

Tue, Jul. 27, 2021

The Egyptian Exchange (EGX) closed its mid-week session in the green zone, adding around LE 4.73 billion to market capitalization.

EGX 30 inched back up to the green after being the only index in the red yesterday, up 0.62 percent, or 65.94 points, to end at 10,763.26 points, with EGX 50 climbing 2.05 percent, or 46.84 points, to end at 2,331.12 points.

EGX 70 jumped 2.32 percent, or 60.33 points, to close at 2,662.66 points, while EGX 100 rose 1.93 percent, or 68.92 points, to close at 3,640.9 points.

Market capitalization gained around LE 4.73 billion, recording LE 697.48 billion, compared to LE 692.76 billion in Monday’s session.

The trading volume reached 631.54 million shares, traded through 63,269 transactions, with a turnover of LE 2.06 billion.

Egyptian investors were net sellers at LE 47.74 million, while Arab and foreign investors were net buyers at LE 46.37 million, and LE 1.36 million, respectively.

Egyptian and foreign individuals were net buyers at LE 25.91 million, and LE 364,236, respectively, while Arab individuals were net sellers at LE 6.35 million.

Arab and foreign organizations bought at LE 52.72 million, and LE 1 million, respectively, while Egyptian organizations sold at LE 73.65 million.

AJWA for Food Industries Company Egypt, Development & Engineering Consultants, and Mansourah Pourtly were top gainers of the session at 9.99 percent, 9.12 percent and 8.53 percent, respectively.

Meanwhile, Nasr Company for Civil Works, Gulf Canadian Real Estate Investment Co., and International Co for Investment & Development were top losers of the session by 6.40 percent, 4.76 percent, and 3.86 percent, respectively.

EGX ended Monday on mixed note, as: EGX30 decreased 0.45 percent, while EGX 50 hiked 0.82 percent, EGX 70 climbed 1.12 percent, and EGX 100 jumped 0.71 percent.