EGX trades in green zone for 2nd session in row amid organizational purchases

CAIRO –  28 April 2022: The Egyptian Exchange (EGX) ended Thursday’s session in the green zone for the second session in row, adding around LE 17.63 billion to market capitalization, amid organizational purchases.

 

 

 

The benchmark EGX30 rose 3.07 percent, or 329.48 points, to end at 11,047.7 points.

 

 

 

The equally weighted index EGX 50 hiked 3.11 percent, or 57.69 points, to end at 1,909.95 points. 

 

 

The small and mid-cap index EGX 70 climbed 2.74 percent, or 49.95 points, to close at 1,873.98 points, and the broader index EGX 100 increased 2.87 percent, or 79.43 points, to close at 2,851.09 points.

 

 

Market capitalization gained around LE 17.63 billion, recording LE 715.13 billion, compared to LE 697.5 billion in Wednesday’s session.

 

 

 

The trading volume reached 1.45 billion shares, traded through 42,398 transactions, with a turnover of LE 8.18 billion.

 

 

Foreign investors were net sellers at LE 77.23 million, while Egyptian and Arab investors were net buyers at LE 42.98 million, and LE 34.24 million, respectively.

 

 

 

Egyptian, Arab and foreign individuals were net sellers at LE 168.63 million, LE 3.66 million, and LE 2.2 million, respectively. 

 

 

Egyptian and Arab organizations bought at LE 211.62 million, and LE 37.9 million, respectively, while foreign organizations sold at LE 75.02 million.

 

 

 

Alexandria Containers and goods, Egyptian Transport (EGYTRANS), and Arab Co. for Asset Management and Development were top gainers of the session at 17.57 percent, 12.50 percent and 10.83 percent, respectively.

 

 

 

Meanwhile, Amer Group Holding, Eastern Company, and Golden Coast Company were top losers of the session by 3.75 percent, 3.58 percent, and 2.54 percent, respectively.

 

 

 

EGX was off on Sunday and Monday to mark Easter, the Sinai Liberation Day and Sham el Nessim holidays.