FILE- Employees in the EGX following performance of the trading session
CAIRO – 17 April 2022: The Egyptian Exchange (EGX) ended Sunday’s session in semi-collective regression, losing around LE 6.2 billion of market capitalization, amid Egyptian and foreign selling.
The benchmark EGX30 rose 0.27 percent, or 28.38 points, to end at 10,707.93 points.
On the other side, the equally weighted index EGX 50 dipped 1.83 percent, or 33.18 points, to end at 1,781.98 points.
The small and mid-cap index EGX 70 dropped 5.08 percent, or 90.28 points, to close at 1,685.92 points, and the broader index EGX 100 decreased 3.70 percent, or 100.13 points, to close at 2,603.03 points.
Market capitalization lost around LE 6.2 billion, recording LE 684.27 billion, compared to LE 690.48 billion in Thursday’s session.
The trading volume reached 234.48 million shares, traded through 31,701 transactions, with a turnover of LE 645.28 million.
Arab investors were net buyers at LE 42.32 billion, while Egyptian and foreign investors were net sellers at LE 19.81 billion, and LE 22.51 million, respectively.
Egyptian and foreign individuals were net sellers at LE 126.65 million, and LE 137,008, respectively, while Arab individuals were net buyers at LE 17.76 million.
Egyptian and Arab organizations bought at LE 106.83 billion, and LE 24.56 million, respectively, while foreign organizations sold at LE 22.37 billion.
Egyptian Kuwaiti Holding-EGP, GB AUTO, and Nasr Company for Civil Works were top gainers of the session at 5.21 percent, 3.70 percent and 3.15 percent, respectively.
Meanwhile, Tanmiya for Real Estate Investment, ODIN Investments, and MM Group For Industry And International Trade were top losers of the session by 19.11 percent, 16.72 percent, and 16.67 percent, respectively.
On Thursday, EGX ended trading in the red zone, EGX30 EGX30 declined 1.55 percent, EGX 50 dipped 2.56 percent, EGX 70 dropped 2.09 percent, and EGX 100 decreased 2.31 percent.