EGX ends Sunday on mixed note, market cap. loses LE3.7B

CAIRO –  22 May 2022: The Egyptian Exchange (EGX) ended Sunday’s session on a mixed note, losing around LE 3.72 billion of market capitalization, amid Arab selling.

 

 

The benchmark EGX30 dipped 0.83 percent, or 87.23 points, to end at 10,462.74 points.

 

  

The equally weighted index EGX 50 decreased 0.62 percent, or 11.31 points, to end at 1,820.78 points.  

 

 

On the other hand, the small and mid-cap index EGX 70 rose 0.49 percent, or 9.05 points, to close at 1,841.7 points, and the broader index EGX 100 hiked 0.11 percent, or 2.92 points, to close at 2,771.78 points.

 

 

 

Market capitalization lost around LE 3.72 billion, recording LE 687.52 billion, compared to LE 691.25 billion in Thursday’s session.

 

 

 

The trading volume reached 307.52 million shares, traded through 24,758 transactions, with a turnover of LE 363.78 million.

 

 

Arab investors were net sellers at LE 3.61 million, while Egyptian and foreign investors were net buyers at LE 3.6 million, and LE 9.44 million, respectively.

 

 

 

Egyptian and foreign individuals were net buyers at LE 5.16 million, and LE 972,375, respectively, while Arab individuals were net sellers at LE 7.43 million.

 

 

Egyptian and Arab organizations sold at LE 1.54 million,and LE 5.63 million, respectively, while foreign organizations bought at LE 8.46 million.

 

 

 

Dice Sport & Casual Wear,Mena Touristic & Real Estate Investment, and El Nasr Clothes & Textiles (Kabo) were top gainers of the session at 7.54 percent, 7.30 percent and 6.53 percent, respectively.

 

 

Meanwhile, El Obour Real Estate Investment, Egyptian Transport (EGYTRANS), and Obour Land for Food Industries were top losers of the session by 7.80 percent, 5.66 percent, and 4.45 percent, respectively.