Egypte : EGX ends Tuesday in semi-collective regression amid foreign selling

  • 09 October 2021 / News / 80 / Fares RAHAHLIA

Egypte : EGX ends Tuesday in semi-collective regression amid foreign selling

CAIRO – 5 October 2021: The Egyptian Exchange (EGX) ended Tuesday’s session in a semi-collective regression, adding around LE 70.36 million to market capitalization, amid foreign selling.


The benchmark EGX30 inched up 0.05 percent, or 5.19 points, to end at 10,432.63 points.


On the other hand, the equally weighted index EGX 50 slid 0.08 percent, or 1.84 points, to end at 2,272.1 points.


The small and mid-cap index EGX 70 dipped 0.58 percent, or 15.5 points, to close at 2,658.39 points, and the broader index EGX 100 declined 0.30 percent, or 10.96 points, to close at 3,602.7 points.


Market capitalization gained around LE 70.36 million, recording LE 697.37 billion, compared to LE 697.3 billion in Monday’s session.


The trading volume reached 2.77 billion shares, traded through 35,522 transactions, with a turnover of LE 4.4 billion.

Foreign investors were net sellers at LE 27.65 million, while Egyptian and Arab investors were net buyers at LE 11.2 million, and LE 16.45 million, respectively.

Arab and foreign individuals were net buyers at LE 19.4 million, and LE 472,461, respectively, while Egyptian individuals were net sellers at LE 16.28 million.

Arab and foreign organizations sold at LE 2.95 million, and LE 28.12 million, respectively, while Egyptian organizations bought at LE 27.48 million.


Mena Touristic & Real Estate Investment, Raya Holding for Financial Investments, and El Obour Real Estate Investment were top gainers of the session at 11.22 percent, 7.45 percent and 6.86 percent, respectively.


Meanwhile, National Real Estate Bank for Development, Memphis Pharmaceuticals, and Zahraa Maadi Investment & Development were top losers of the session by 8.05 percent, 7.64 percent, and 6.90 percent, respectively.


EGX ended Monday on mixed note, as: EGX30 rose 0.59 percent, EGX 50 climbed 0.30 percent, while EGX 70 dipped 0.15 percent, and EGX 100 inched down 0.05 percent.

source: egypttoday

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