EGX ends Sunday in green, market cap. gains LE11.92B

CAIRO –  21 August 2022: The Egyptian Exchange (EGX) ended Sunday’s session in the green zone, adding around LE 11.92 billion to the market capitalization, amid local and Arab purchases.

 

The benchmark EGX30 rose 2.43 percent, or 245.42 points, to end at 10,339.58 points.

 

The equally weighted index EGX 50 hiked 2.15 percent, or 40.39 points, to end at 1,915.07 points.

 

The small and mid-cap index EGX 70 increased 1.68 percent, or 36.24 points, to close at 2,195.49 points, and the broader index EGX 100 inched up 1.90 percent, or 58.83 points, at 3,152.72 points.

 

Market capitalization gained around LE 11.92 billion, recording LE 693.66 billion, compared to LE 681.73 billion in Thursday’s session.

 

The trading volume reached 606.96 million shares, traded through 54,576 transactions, with a turnover of LE 1.23 billion.

 

Foreign investors were net sellers at LE 31.86 million, while Egyptian and Arab investors were net buyers at LE 26.43 million, and LE 5.43 million, respectively.

 

Egyptian and foreign individuals were net sellers at LE 29.11 million and LE 3.82 million, respectively, while Arab individuals were net buyers at LE 22.16 million.

 

Arab and foreign organizations sold at LE 16.73 million, and LE 28.04 million, respectively, while Egyptian organizations bought at LE 55.55 million.

 

Egyptian Media Production City, Citadel Capital - Common Shares, and Gharbia Islamic Housing Development were top gainers of the session at 10.65 percent, 9.67 percent and 9.47 percent, respectively.

 

Meanwhile, Suez Canal Bank S.A.E, International Co for Investment & Development, and ODIN Investments were top losers of the session by 5 percent, 4.17 percent, and 3.14 percent, respectively.

 

On Thursday, EGX ended the session on a mixed note, as: EGX30 rose 0.36 percent, EGX 50 hiked 0.32 percent, while EGX 70 decreased 0.12 percent, and EGX 100 inched down 0.04 percent.