FILE- Employees in the EGX following performance of the trading session
CAIRO – 12 April 2022: The Egyptian Exchange (EGX) ended Tuesday in a semi-collective rise, adding around LE 7.74 billion to market capitalization, amid Arab purchases.
The benchmark EGX30 rose 1.58 percent, or 170.03 points, to end at 10,898.69 points.
The equally weighted index EGX 50 hiked 0.77 percent, or 14.33 points, to end at 1,864.26 points, and the broader index EGX 100 increased 0.35 percent, or 9.51 points, to close at 2,764.66 points.
On the other hand, the small and mid-cap index EGX 70 inched down 0.05 percent, or 0.93 points, to close at 1,809.62 points.
Market capitalization gained around LE 7.74 billion, recording LE 704.06 billion, compared to LE 696.32 billion in Monday’s session.
The trading volume reached 1.72 billion shares, traded through 26,155 transactions, with a turnover of LE 30.24 billion.
Arab investors were net buyers at LE 29.46 billion, while Egyptian and foreign investors were net sellers at LE 29.28 billion, and LE 176.29 million, respectively.
Egyptian and foreign individuals were net buyers at LE 19.07 million, and LE 12.5 million, respectively, while Arab individuals were net sellers at LE 16.11 million.
Egyptian and foreign organizations sold at LE 29.3 billion, and LE 188.79 million, respectively, while Arab organizations bought at LE 29.47 billion.
Cairo For Investment and Real Estate Development, Nasr Company for Civil Works, and Qatar National Bank Alahly were top gainers of the session at 9 percent, 8.18 percent and 7.46 percent, respectively.
Meanwhile, Canal Shipping Agencies, Arab Real Estate Investment CO.-ALICO, and Egyptian Real Estate Group were top losers of the session by 9.13 percent, 5.97 percent, and 4.97 percent, respectively.
On Monday, EGX ended trading in the red zone, as EGX30 dropped 1.55 percent, EGX 50 declined 2.11 percent, EGX 70 decreased 2.33 percent, and EGX 100 dipped 2.19 percent.
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