Home Banking, Finance & Investment EGX ends Monday in green, market cap. gains LE4.5B

EGX ends Monday in green, market cap. gains LE4.5B

by Blessing Ubani
EGX ends Monday in green, market cap. gains LE4.5B

The Egyptian Exchange (EGX) recorded a collective rise during Monday’s session, adding LE 4.46 billion to market capitalization, amid Egyptian and Arab buying.

The benchmark EGX30 rose 0.97 percent, or 99.29 points, to close at 10,380.45 points.

The equally weighted index EGX 50 increased 1.64 percent, or 28.41 points, to end at 1,755.83 points.

The small and mid-cap index EGX 70 hiked 2.60 percent, or 36.7 points, to close at 1,445.99 points, and the broader index EGX 100 jumped 2.13 percent, or 46.3 points to 2,223.74 points.

Market capitalization gained LE 4.46 billion, recording LE 573.34 billion, compared to LE 568.88 billion in Sunday’s session.

The trading volume reached 349.27 million shares, traded through 33,321 transactions, with a turnover of LE 1.05 billion.

Foreign investors were net sellers at LE 161.84 million, while Egyptian and Arab investors were net buyers at LE 148.14 million, and LE 13.7 million, respectively.

Arab and foreign individuals were net buyers at LE 4.9 million, and LE 6.2 million, respectively, while Egyptian individuals were net sellers at LE 30.88 million.

Foreign organizations sold at LE 168.05 million, while Egyptian and Arab organizations bought at LE 179.03 million, and LE 8.79 million, respectively.

Arab Aluminum, Sharkia National Food, and Rowad Tourism (Al Rowad) were top gainers of the session at 9.53 percent, 8.82 percent and 8.33 percent, respectively.

Meanwhile, Raya Holding for Financial Investments, Obour Land for Food Industries, and Dice Sport & Casual Wear were top losers of the session by 5.32 percent 4.57 percent, and 3.71 percent, respectively.

EGX ended Sunday in red as EGX30 dropped 1.53 percent, EGX 50 decreased 0.93 percent, EGX 70 dipped 1.17 percent, and EGX 100 lessened 1.15 percent.

Culled Egypttoday

You may also like

Leave a Comment