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Sept 9 | EGX maintains green streak, adding LE 2.64 billion to market cap

Market capitalization gained around LE 2.64 billion, recording LE 727.07 billion, compared to LE 724.43 billion in Tuesday’s session

By: Business Today Egypt

Wed, Sep. 8, 2021

The Egyptian Exchange continues to stay in the green, closing Wednesday’s trading with an additional LE 2.64 billion to market capitalization.

EGX 30 inched up by 0.41 percent, or 45.68 points, to end at 11,135.48 points, while EGX 50 hiked 0.14 percent, or 3.43 points, to end at 2,400.31 points.

EGX 70 climbed 0.63 percent, or 17.98 points, to close at 2,854.24 points, with EGX 100 crawling up by 0.58 percent, or 22.06 points, to close at 3,847.22 points. 

Market capitalization gained around LE 2.64 billion, recording LE 727.07 billion, compared to LE 724.43 billion in Tuesday’s session.

The trading volume reached 446.67 million shares, traded through 47,505 transactions, with a turnover of LE 1.39 billion.

Egyptian investors were net buyers at LE 6.62 million, while Arab and foreign investors were net sellers at LE 4.57 million, and LE 2.04 million, respectively. 

Egyptian and Arab individuals were net buyers at LE 75.98 million, and LE 7.28 million, respectively, while foreign organizations were net sellers at LE 1.57 million.

Egyptian, Arab and foreign organizations sold at LE 69.36 million, LE 11.86 million, and LE 476,271, respectively.

Modern Shorouk Printing & Packaging, Rakta Paper Manufacturing, and Misr National Steel – Ataqa were top gainers of the session at 20 percent, 19.96 percent and 11.06 percent, respectively.

Meanwhile, Zahraa Maadi Investment & Development, Mansourah Pourtly, and Arab Valves Company were top losers of the session by 6.15 percent, 5.91 percent, and 5.76 percent, respectively.