EGX ends mid-week session on mixed note, market cap. gains LE509M

CAIRO –  17 May 2022: The Egyptian Exchange (EGX) ended Tuesday’s trading on a mixed note, adding around LE 508.75 million to market capitalization, amid foreign selling.

 

 

The benchmark EGX30 declined 0.22 percent, or 22.93 points, to end at 10,438.95 points.

 

 

 

The equally weighted index EGX 50 increased 0.24 percent, or 4.48 points, to end at 1,840.96 points. 

 

 

The small and mid-cap index EGX 70 rose 0.48 percent, or 8.68 points, to close at 1,830.53 points, and the broader index EGX 100 hiked 0.38 percent, or 10.39 points, to close at 2,768.76 points.

 

 

Market capitalization gained around LE 508.75 million, recording LE 689.56 billion, compared to LE 689.06 billion in Monday’s session.

 

 

 

The trading volume reached 277.07 million shares, traded through 21,178 transactions, with a turnover of LE 613.66 million.

 

 

Foreign investors were net sellers at LE 26.29 million, while Egyptian and Arab investors were net buyers at LE 10.13 million, and LE 16.16 million, respectively.

 

 

 

Egyptian and Arab individuals were net sellers at LE 5.74 million, and LE 3.63 million, respectively, while foreign individuals were net buyers at LE 16,421.

 

 

Egyptian and Arab organizations bought at LE 15.87 million,and LE 19.79 million, respectively, while foreign organizations sold at LE 26.31 million.

 

 

 

Egyptian Transport (EGYTRANS), Cairo Pourtly, and El Arabia Engineering Industries were top gainers of the session at 7.07 percent, 6.58 percent and 5.17 percent, respectively.

 

 

Meanwhile, El Ezz Porcelain (Gemma), Golden Coast Company, and Societe Arabe Internationale De Banque (SAIB) were top losers of the session by 5.88 percent, 5 percent, and 4.48 percent, respectively.