Egypt : EGX trades in green zone for 2nd session in row, market cap. gains LE 12.63B

  • 21 March 2022 / News / 65 / Fares RAHAHLIA


Egypt : EGX trades in green zone for 2nd session in row, market cap. gains LE 12.63B
CAIRO – 20 March 2022: The Egyptian Exchange (EGX) ended Sunday session in the green zone for the second session in a  row, adding around LE 12.63 billion to market capitalization, amid Egyptian purchases.
  
The benchmark EGX30 hiked 2.31 percent, or 247.28 points, to end at 10,973.72 points.
  
The equally weighted index EGX 50 climbed 1.82 percent, or 34.17 points, to end at 1,909.92 points.
 
 The small and mid-cap index EGX 70 rose 1.60 percent, or 30.28 points, to close at 1,924.95 points, and the broader index EGX100 increased 1.61 percent, or 45.93 points, to close at 2,894.38 points.
  
Market capitalization gained around LE 12.63 billion, recording LE 708.33 billion, compared to LE 695.69 billion in Thursday’s session.
   
The trading volume reached 447.63 million shares, traded through 40,808 transactions, with a turnover of LE 872.03 million.
   
Arab and foreign investors were net sellers at LE 26.03 million, and LE 79.29 million, respectively, while Egyptian investors were net buyers at LE 105.33 million.
   
Egyptian, Arab and foreign individuals were net sellers at LE 107.53 million, LE 6.83 million, and LE 825,520, respectively.
 
 Arab and foreign organizations sold at LE 19.2 million, and LE 78.47 million, respectively, while Egyptian organizations sold at LE 212.86 million.
 
 Nasr Company for Civil Works, Egyptian Chemical Industries (Kima), and Alexandria Containers and goods were top gainers of the session at 11.93 percent, 11.43 percent and 11.12 percent, respectively.
  
Meanwhile, Rubex International for Plastic and Acrylic Manufacturing, Sharm Dreams Co. for Tourism Investment, and Acrow Misr were top losers of the session by 11.26 percent, 9.70 percent, and 8.46 percent, respectively.
 
On Thursday, EGX ended the session in the green zone, EGX30 hiked 0.19 percent, EGX 50 inched up 0.03 percent, EGX 70 rose 1.15 percent, and EGX100 increased 0.70 percent.

source: egypttoday