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The index of small companies on the Egyptian Stock Exchange increased by 2.4% in mid-trading




The Egyptian stock market indices varied, in the middle of today’s trading session, as the main index declined under the pressure of falling leading shares, led by the Commercial International Bank, Orascom Financial Holding, EFG Hermes, GB Auto, while the index of small, medium and broader companies rose, amid Arab and foreign sales. , while the Egyptians tended to buy.
 
The "EGX30" index declined by 0.48% to reach the level of 10,190 points, and the "EGX50" index rose by 1.47% to reach the level of 2,217 points, and the "EGX30" index of specific weights fell by 0.35% to reach the level of 12,625 points, The "EGX30" total return index fell by 0.57% to reach the level of 3949 points.
 
While the index of medium and small companies "EGX70 of equal weights" rose by 2.38% to reach the level of 2349 points, and the "EGX100 index of equal weights" rose by 1.66% to reach the level of 3278 points, and the Nile Stock Exchange index increased by 0.38% to reach the level of 3,278 points. Level 1224 points.
 
In a related context, the Egyptian Stock Exchange announced the suspension of trading on 18 shares for a period of 10 minutes, for exceeding 5%, up or down, during today's trading session, and they are; Zahraa El Maadi for Investment and Development, Wadi Kom Ombo for Land Reclamation, Ajwaa for Food Industries - Egypt, Sharkia National for Food Security, Wadi International for Investment and Development, Sharm Dreams for Tourism Investment, Arab Real Estate Investment - Alico, Pioneers of Tourism - Pioneers, Speed ​​Medical, Alexandria Mills and Bakeries, Al Ahly for Development and Investment, Raya Holding for Financial Investments, Mena for Tourism and Real Estate Investment, Golden Coast Sokhna for Tourism Investment, Architectural Engineering Industries for Construction and Development, GlaxoSmithKline, the Egyptian Real Estate Group, and Raya for Call Center Services.
 
In the same context, the transactions of the insiders, the main shareholders and the groups associated with them varied during the trading session yesterday, as the Board of Directors of the Arab Rocks Company for Plastic Industries sold 389,000 shares, and a group linked to my International Company for Agricultural Crops, Arab Dairy Products “Arab Dairy-Panda” sold 10,000 shares. , 150 thousand shares, respectively, while the Board of Directors of Misr Oil and Soap Companies, Engineer Insurance, Egyptian Real Estate Group, Egyptian Kuwaiti Holding bought 550 shares, 877 shares, 740.1 thousand shares, 25 thousand shares, respectively, and the Commercial International Bank management bought ( Egypt) 830 shares.
 
Ibn Sina Pharma announced the execution of the purchase of 1.05 million treasury shares during the trading session on Tuesday.
 
Beltone Financial Holding Company also announced that Orascom Financial Holding Company sold 20 million shares at a price of 3.58 pounds, bringing the total deal to 71.6 million pounds, thus reducing its shareholding percentage from 74.55% to 70.1%. The deal was executed through Beltone Securities Brokerage.
 
Target Company for Real Estate Investment, Development, Agricultural Reclamation and Tourism Development bought 900 thousand shares of Sharm Dreams for Tourism Investment at a price of 9.2465 pounds, valued at 8.3 million pounds, bringing its contribution to 1.6986%.
 
Meanwhile, shareholder Ali Mahmoud Mahgoub sold 35,000 shares in the Egyptian Real Estate Group at a price of 3.9116 pounds, valued at 136.9 thousand pounds, dropping his contribution from 19.8139% to 19.8052%.
 
In a separate context, a number of companies listed on the Egyptian Stock Exchange announced their business results for the ended period. The diagnostic company achieved revenues of 1,130 million pounds, an annual growth rate of 126%, and net profit amounted to 339 million pounds, with an annual growth rate of 230% during the first quarter of 2021. The strong growth in financial performance indicators reflects the conduct of 8.1 million diagnostic tests for 2.4 million customers in the first quarter of this year, an annual growth rate of 32% and 50%, respectively, compared to the same period last year, through the network of branches spread in the markets of Egypt, Jordan, Sudan and Nigeria, which It consisted of 483 branches until the end of March 2021.
 
In another context, the stock exchange announced that the Nile Cotton Ginning Company had purchased 439,150 shares of the company’s capital at a price of 50 pounds per share, with a total value of 21.96 million pounds, in implementation of the board of directors’ decision to write off the company’s shares from the stock exchange.
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