EGX trades in green for 2nd session in row, market cap. gains LE5.13B

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Wed, 03 Aug 2022 - 05:35 GMT

BY

Wed, 03 Aug 2022 - 05:35 GMT

EGX - REUTERS

EGX - REUTERS

CAIRO –  3 August 2022: The Egyptian Exchange (EGX) traded in the green zone for the second session in a row during Wednesday, adding around LE 5.13 billion to market capitalization, amid Egyptian and Arab purchases.
 
The benchmark EGX30 hiked 1.03 percent, or 97.41 points, to end at 9,539.43 points.
 
The equally weighted index EGX 50 rose 0.84 percent, or 14.53 points, to end at 1,742.75 points.  
 
Moreover, the small and mid-cap index EGX 70 increased 0.87 percent, or 16.07 points, to close at 1,868.75 points, and the broader index EGX 100 inched up 0.83 percent, or 22.57 points, at 2,748.41 points.
 
Market capitalization gained around LE 5.13 billion, recording LE 640.88 billion, compared to LE 635.75 billion in Tuesday’s session.
 
The trading volume reached 442.15 million shares, traded through 37,721 transactions, with a turnover of LE 763.94 million.
 
Foreign investors were net sellers at LE 37.35 million, while Egyptian and Arab investors were net buyers at LE 22.44 million, and LE 14.9 million, respectively.
 
Arab and foreign individuals were net buyers at LE 19.34 million, and LE 75,475, respectively, while Egyptian individuals were sellers LE 37.07 million.
 
Arab and foreign organizations sold at LE 4.44 million, and LE 37.42 million, respectively, while Egyptian organizations bought at LE 59.51 million.
 
North Cairo Mills, ODIN Investments, and Development & Engineering Consultants were top gainers of the session at 14.26 percent, 9.36 percent and 9.35 percent, respectively.
 
Meanwhile, Speed Medical, Reacap Financial Investments, and General Silos & Storage were top losers of the session by 5.64 percent, 4.02 percent, and 3.04 percent, respectively.
 
On Tuesday, EGX ended the session in the green zone, as: EGX30 hiked 0.20 percent, EGX 50 rose 1.04 percent, EGX 70 increased 0.83 percent, and EGX 100 inched up 0.97 percent.
 
 

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