Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Get to Know Best Performing EGX Shares in 2021


Sun 21 Feb 2021 | 07:10 AM
Taarek Refaat

The Egyptian Stock Exchange (EGX) recorded losses of EGP 10.7 billion during the week’s transactions, to close the market-cap of the listed shares on the trading floor at EGP 697.1 billion, compared to EGP 707.9 billion, two weeks earlier.

The EGX30 index closed at 11,380.55 points inside the booth, recording a drop of 1.44%. While the EGX70 EWI recorded a decline of 4.17% to close the session at 2,350.39 points, and the S&P index recorded a decrease of 2.12%, closing the session at 1,928 points.

The EGX30 capped also recorded a decline of 1.47%, closing at 14,048.7 points, while the EGX100 EWI decreased by 3.26%, closing the week's trading at 3,374.34 points.

The total value of trading during the current week reached about EGP 20.2 billion, with a turnover of about 3,534 million shares, executed on 253,000 transactions, compared to a total value of EGP 24.1 billion and a turnover of 4,583 million shares, executed on 286,000 transactions during the past week.

The shares accounted for 37.57% of the total value of trading inside the booth, while the value of bond trading represented 62.43% during the week.

Moreover, the Egyptians transactions accounted for 87.7% of total on listed shares, while foreigners accounted for 7.2% and Arabs for 5.1%.

Also, foreigners recorded a net sale of EGP 160.1 million, while Arabs recorded a net purchase of EGP 34.6 million, after excluding deals.

It is worth noting that Egyptian transactions represented 84.5% of the trading value of the listed shares since the beginning of the year, after excluding deals, while foreigners scored 8.5% and Arabs 7%.

Foreigners recorded a net purchase of EGP 364.0 million, and Arabs recorded net purchases of EGP 128.5 million since the beginning of the year.

List of the best performing EGX shares so far in 2021

Speed ​​Medical

Speed ​​Medical Company’s shares topped the Egyptian Stock Exchange (EGX) during the week’s transactions, with a trading value ​​of EGP 455.079 million and a turnover of 149.592 million shares.

Dice 

Dice Readymade Garments came second with a trading value of EGP 347.317 million, and a turnover of 107.648 million shares.

MM Group

MM Group for Industry and International Trade came in the third spot with a value of EGP 336.367 million, and a trading volume of 32.161 million shares.

Egyptians For Housing & Development

Egyptians for Housing & Development (EHDR) came in fourth with a value of EGP 234.962 million, and a turnover of 178.874 million shares.

Commercial International Bank

In the fifth place, the Commercial International Bank (CIB) landed with a value of EGP 207.254 million, with a trading volume of 3.420 million shares.

Arabia Investments

Arabia Investments Holding (AIH) shares ranked sixth, with a trading value of EGP 286.982 million, and trading volume of 1.349 million shares.

Pioneers Holding Company

Pioneers Holding Company for Financial Investment SAE (PIOH) followed through the seventh position with a trading value of EGP 198.97 million, and a turnover of 35.214 million shares

Fawry

Fawry for Banking Technology and Electronic Payments SAE (FWRY) stood at the eighth spot with a value of EGP 191.148 million, with a trading turnover of 3.761 million shares.

New Ismailia Development

New Ismailia Urban Development (IDRE) arrived in the ninth spot, surpassing Orascom, with a value of EGP 177.908 and a trading volume of 5.27 million shares.

Orascom

Orascom Investment Holding come in the tenth and last ranking on the top 10 list, with a trading value of EGP 176.47 million, and a turnover of 679.817 million shares.