EGX ends Wednesday in semi-collective rise, market cap. gains LE1.26B

CAIRO –  18 May 2022: The Egyptian Exchange (EGX) ended Wednesday’s session in a semi-collective rise, adding around LE 1.26 billion to market capitalization, amid Egyptian purchases.

 

 

The benchmark EGX30 rose 0.27 percent, or 28.68 points, to end at 10,467.63 points.

  

 

The small and mid-cap index EGX 70 rose 0.76 percent, or 13.9 points, to close at 1,844.43 points, and the broader index EGX 100 hiked 0.55 percent, or 15.18 points, to close at 2,783.94 points.

 

The equally weighted index EGX 50 inched down 0.05 percent, or 0.92 points, to end at 1,840.04 points. 

 

 

Market capitalization gained around LE 1.26 billion, recording LE 690.82 billion, compared to LE 689.56 billion in Tuesday’s session.

 

 

 

The trading volume reached 329.59 million shares, traded through 28,926 transactions, with a turnover of LE 643.67 million.

 

 

Egyptian investors were net buyers at LE 76.48 million, while Arab and foreign investors were net sellers at LE 2.65 million, and LE 73.83 million, respectively.

 

 

 

Arab and foreign individuals were net buyers at LE 11.7 million, and LE 1.44 million, respectively, while Egyptian individuals were net sellers at LE 8.74 million.

 

 

Arab and foreign organizations sold at LE 14.36 million,and LE 75.27 million, respectively, while Egyptian organizations bought at LE 85.2 million.

 

 

 

Arab Developers Holding, Lecico Egypt, and United Arab Shipping were top gainers of the session at 9.27 percent, 8.88 percent and 7.85 percent, respectively.

 

 

Meanwhile, Grand Investment Capital, Gharbia Islamic Housing Development, and Taaleem Management Services were top losers of the session by 12.9 percent, 5.19 percent, and 5.13 percent, respectively.