EGX indices record semi-collective rise amid purchases of local organizations

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Sun, 14 Aug 2022 - 02:52 GMT

BY

Sun, 14 Aug 2022 - 02:52 GMT

EGX - REUTERS

EGX - REUTERS

CAIRO –  14 August 2022: The Egyptian Exchange ended Sunday’s session in a semi-collective rise, adding around LE 4.05 billion to the market capitalization, amid Egyptian organizations’ purchases.
 
 
The benchmark EGX30 inched down 0.04 percent, or 4.4 points, to end at 9,984.44 points.
 
On the other hand, the equally weighted index EGX 50 rose 0.85 percent, or 15.63 points, to end at 1,843.98 points.  
 
The small and mid-cap index EGX 70 hiked 3.43 percent, or 70.51 points, to close at 2,129.13 points, and the broader index EGX 100 jumped 2.45 percent, or 73.24 points, at 3,056.56 points.
 
Market capitalization gained around LE 4.05 billion, recording LE 673.58 billion, compared to LE 669.54 billion in Thursday’s session.
 
The trading volume reached 1.3 billion shares, traded through 73,010 transactions, with a turnover of LE 1.45 billion.
 
Egyptian investors were net buyers at LE 108.29 million, while Arab and foreign investors were net sellers at LE 12 million, and LE 96.29 million, respectively.
 
Egyptian, Arab and foreign individuals were net sellers at LE 38.58 million, LE 5.88 million, and LE 7.5 million, respectively.
 
Arab and foreign organizations sold LE 6.11 million, and LE 88.79 million, respectively, while Egyptian organizations bought at LE 146.88 million.
 
Sabaa International Company for Pharmaceutical and Chemical, Odin for Investment & Development, and Raya Holding for Financial Investments were top gainers of the session at 20 percent, 19.96 percent and 19.91 percent, respectively.
 
Meanwhile, Golden Textiles & Clothes Wool, Rubex International for Plastic and Acrylic Manufacturing, and Speed Medical were top losers of the session by 19.68 percent, 6.47 percent, and 5.33 percent, respectively.
 
On Thursday, EGX traded in the green zone, as: EGX30 increased 0.23 percent, EGX 50 rose 0.63 percent, EGX 70 hiked 2.25 percent, and EGX 100 jumped 1.74 percent.
 
 

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