EGX ends Wednesday in green, market cap. gains LE6.1B

CAIRO –  11 May 2022: The Egyptian Exchange (EGX) ended Wednesday’s session in the green zone, adding around LE 6.1 billion to market capitalization, amid Egyptian and Arab selling.

 

 

 

The benchmark EGX30 rose 0.41 percent, or 44.48 points, to end at 10,855.93 points.

 

 

 

The equally weighted index EGX 50 hiked 0.97 percent, or 18.2 points, to end at 1,895.38 points. 

 

 

The small and mid-cap index EGX 70 increased 0.87 percent, or 16.13 points, to close at 1,863.33 points, and the broader index EGX 100 jumped 0.94 percent, or 26.3 points, to close at 2,834.65 points.

 

 

Market capitalization gained around LE 6.1 billion, recording LE 712.2 billion, compared to LE 706.1 billion in Tuesday’s session.

 

 

 

The trading volume reached 313.91 million shares, traded through 33,816 transactions, with a turnover of LE 854.7 million.

 

 

Foreign investors were net sellers at LE 127.24 million, while Egyptian and Arab investors were net buyers at LE 113.34 million, and LE 13.9 million, respectively.

 

 

 

Egyptian, Arab  and foreign individuals were net buyers at LE 37.47 million, LE 7.4 million, and LE  827,909, respectively.

 

 

Egyptian and Arab organizations bought at LE 75.86 million,and LE 6.48 million, respectively, while foreign organizations sold at LE 128.07 million.

 

 

 

North Cairo Mills, Egyptian Chemical Industries (Kima), and Alexandria Containers and goods were top gainers of the session at 10.56 percent, 9.72 percent and 7.58 percent, respectively.

 

 

 

Meanwhile, Alexandria Spinning & Weaving (SPINALEX), Rowad Tourism (Al Rowad), and Universal For Paper and Packaging Materials (Unipack) were top losers of the session by 3.33 percent, 3.30 percent, and 3.08 percent, respectively.