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Stock Exchange news today, Monday 5-10-2021


The news of the Egyptian Stock Exchange varied during the trading session today, Monday 5-10-2021, the most prominent of which was the end of the Egyptian Stock Exchange trading session today, Monday, with a collective increase in the indices, driven by purchases from Egyptian and Arab dealers, amid trading volumes of less than one billion pounds, and the profit of market capital 2 billion pounds, to close at 665.834 billion pounds.


Suspension of trading of 14 companies

The Egyptian Stock Exchange announced the suspension of trading on 14 shares for a period of 10 minutes because they exceeded the 5%, up or down, during Monday's trading session, and they are; Egypt Beni Suef Cement, Al-Tawfiq Leasing Leasing-ATLess, New Ismailia for Food Industries (Foodico), Arab Ceramics - Ceramica Rimas, Arab Investment Forum, Acromisr for Formwork and Metal Scaffolding, Glaxo Smithkline, Mills and Bakeries North Cairo, Ajwa Food Industries Egypt, Middle Egypt Mills, Egypt Aluminum, Arab Dairy Products "Arab Dairy-Panda", International Agricultural Crops, Al Arafa for Investments and Consultations.


The stock exchange profits 2 billion pounds

The Egyptian Stock Exchange ended the trading session today, Monday, with a collective increase in indices, driven by purchases from Egyptian and Arab dealers, with trading volumes less than one billion pounds, and the profit of market capital was 2 billion pounds, to close at 665.834 billion pounds.

 

The volume of shares traded reached 261.7 million securities, worth 819.4 million pounds, through the implementation of 32.8 thousand transactions for 189 companies, and Egyptian transactions recorded 73.95% of total transactions, while foreigners accounted for 19.37%, and Arabs 6.68% during today's trading session, and acquired Institutions account for 31.12% of transactions on the stock exchange, and the remainder of transactions account for individuals with a percentage of 68.87%.

  

The net transactions of Egyptian and foreign individuals and foreign institutions tended for sale at a value of EGP 41.3 million, EGP 1.9 million, and EGP 48.3 million, respectively, while the net transactions of Arab individuals and Egyptian and Arab institutions tended to buy at EGP 6 million, EGP 46.9 million, and EGP 38.6 million, respectively. .

 

 

The EGX 30 index rose by 0.4% to close at 10686 points, the EGX50 index rose 0.17% to close at 2090 points, and the EGX 30 index of weighted weightings rose by 0.37% to close at 12902 points. And the EGX 30 overall return index increased by 0.97% to close at 4169 points.

 

The index of small and medium-sized companies "EGX 70 is equal weights" increased by 0.29% to close at 2135 points. The EGX 100 index of equal weights increased by 0.29% to close at 3059 points, and the Nile Stock Exchange index increased by 0.66% to close at The level of 1239 points.

 

Shares of 76 companies listed on the stock exchange rose at the end of trading, shares of 75 companies declined, and the levels of 38 companies did not change.


Insider dealings

The transactions of insiders, the main shareholders and the groups associated with them varied during the trading session yesterday, Sunday, as the Board of Directors of the New Ismailia Development and Urban Development Companies - a split company, Cairo Oils and Soap, Al-Obour Real Estate Investment, Egyptian Arab (Thimar) for trading securities, 202.2 thousand shares, 1.4 One million shares, 10 thousand shares, 10 thousand shares, respectively, and sold a group linked to the New Ismailia Companies for Urban Development and Urban Development - a divided company, Arab Dairy Products, "Arab Dairy-Panda", medical packages, 166.8 thousand shares, 750 thousand shares, 858.3 thousand An arrow, respectively.

 

The board of directors of the two Oriental Weavers Carpet Company, Palm Hills Development, bought 868,800 shares, 745,1 thousand shares, and a group linked to the Mansoura Poultry Company bought 24,111 shares.


Iron and steel

The Egyptian Iron and Steel Company announced that the Holding Company for Metallurgical Industries apologized for continuing to discuss the offer of Sahari Company due to its failure to provide it with all the data requested from it.


Orascom Development

A number of companies listed on the Egyptian Stock Exchange announced their financial results during the first quarter of 2021, and Orascom Development Egypt achieved revenues of 1.46 billion pounds, 61.5%, compared to 903.8 million pounds during the first quarter of 2020, The noticeable increase is mainly due to the acceleration of construction operations all over the destinations, and the recording of real estate revenues amounting to 1.2 billion pounds, an increase of 156.2% compared to the first quarter of 2020, and the total profit increased by 152.9% to reach 574, 9 million pounds compared to 227.3 million pounds in the first quarter of 2020, and a gross profit margin of 39.4%.

 

 Profits before deduction of interest, taxes, depreciation, depreciation and non-cash items increased by 171.8% to reach 590.9 million pounds and a margin of 40.5% compared to 217.4 million pounds and a margin of 24.1% in the first quarter of 2020. Interest, taxes, depreciation and amortization increased by 174.6%, to reach 694.0 million EGP, compared to 252.7 million EGP in the first quarter of 2020.

 

The group was able to achieve more savings in financing costs, as a result of lower interest rates on Libor and Corridor. Interest expenses decreased by 11.9% to reach 70.1 million pounds during the first quarter of 2021 compared to 79.6 million pounds during the first quarter of 2020. Profit at a rate of 4.8 times to reach 438.5 million pounds during the first quarter of 2021, a profit margin of 30.0%, compared to 91.9 million pounds and a profit margin of 10.2% during the first quarter of 2020, and the cash balance of the company increased by 22.4% to reach 2, 5 billion pounds during the first quarter of 2021 compared to 2.0 billion pounds in the fiscal year 2020.


Reconciliation for hire

Al-Tawfiq Financial Leasing Company (ATLis) announced that it achieved a net profit of 77 million pounds in the first quarter of the fiscal year 2021, driven by the profits of the securitization process that has not been achieved in any of the past 16 full financial years, and the first net profit for the year 2021 increased by a percentage 306% for the same period last year, and the volume of executed contracts amounted to 842 million pounds, which is considered the largest volume of contracts executed in any fiscal quarter throughout the life of the company. At the same time, the contracts that were implemented in this quarter are more than It was implemented during a full fiscal year and for several years of the life of the company.


Financial Supervision

The grievance committee of the Financial Supervisory Authority issued a decision today, Monday, rejecting the grievance submitted by the Gulf Canadian Arab Real Estate Investment Company related to the Financial Supervision Authority’s decision to refuse to divide the nominal value of the company's share from 6 pounds per share to 0.5 pounds per share, so that the number of the company's shares becomes 30 million shares Instead of 5 million shares.

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