EGX flags in green during mid-week session, market cap. gains LE4.95B

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Tue, 02 Aug 2022 - 04:21 GMT

BY

Tue, 02 Aug 2022 - 04:21 GMT

EGX - File Photo

EGX - File Photo

CAIRO –  2 August 2022: The Egyptian Exchange (EGX) ended Tuesday’s session in the green zone, adding around LE 4.95 billion to market capitalization, amid Egyptian and Arab purchases.
 
The benchmark EGX30 hiked 0.20 percent, or 18.92 points, to end at 9,442.02 points.
 
The equally weighted index EGX 50 rose 1.04 percent, or 17.79 points, to end at 1,728.22 points.  
 
Moreover, the small and mid-cap index EGX 70 increased 0.83 percent, or 15.31 points, to close at 1,852.68 points, and the broader index EGX 100 inched up 0.97 percent, or 26.14 points, at 2,725.84 points.
 
Market capitalization gained around LE 4.95 billion, recording LE 635.75 billion, compared to LE 630.8 billion in Monday’s session.
 
The trading volume reached 343.84 million shares, traded through 31,368 transactions, with a turnover of LE 997.61 million.
 
Foreign investors were net sellers at LE 360.68 million, while Egyptian and Arab investors were net buyers at LE 352.56 million, and LE 8.12 million, respectively.
 
Egyptian and foreign individuals were net sellers at LE 2.4 million, and LE 300,, respectively, while Arab individuals were buyers LE 20.07 million.
 
Arab and foreign organizations sold at LE 11.95 million, and LE 360.38 million, respectively, while Egyptian organizations bought at LE 354.97 million.
 
Qatar National Bank Alahly, Macro Group Pharmaceuticals -Macro Capital, and Ibnsina Pharma were top gainers of the session at 10.12 percent, 9.38 percent and 7.06 percent, respectively.
 
Meanwhile, Al Tawfeek Leasing Company-A.T.LEASE, Egyptians Housing Development & Reconstruction, and El Wadi for International and Investment Development were top losers of the session by 6.60 percent, 2.23 percent, and 2.08 percent, respectively.
 
On Monday, EGX ended the session in the red zone, as: EGX30 decreased 0.46 percent, EGX 50 dipped 0.75 percent, EGX 70 dropped 1.66 percent, and the broader index EGX 100 inched down 1.29 percent.

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