Benchmark index surges EGX to the green zone on Monday

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Mon, 29 Apr 2024 - 04:54 GMT

BY

Mon, 29 Apr 2024 - 04:54 GMT

Cairo – April 29, 2024: The Egyptian Exchange (EGX) closed Monday trading on a high, leading to an LE 1.76 trillion market cap.

Benchmark index EGX 30 surged by 5.57 percent to 26,011.28 points.

EGX 70 rose by 2.59 percent to 5,862.39 points, followed by EGX 100 with a climb of 3.43 percent to hit 8,376.11 points.

Monday trading recorded 648.9 million shares exchanged with a turnover of LE 2.75 billion.

Trading on securities saw Egyptian investors as net sellers with LE 111.02 million. Foreign and Arab traders were net buyers with LE 107.06 million and LE 3.95 million, respectively.

The session’s top gains were by TMG Holding with a jump of 13.73 percent, followed by Orascom Construction by 12.82 percent, and GB Corp by 10.86 percent.

The session’s largest losses were by Samad Misr -EGYFERT with a decline of 13.39 percent, followed by Alexandria Spinning & Weaving (SPINALEX) by 9.09 percent, and Gulf Canadian Real Estate Investment Co. by 4.97 percent.

 

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