EGX flags in green Monday, market cap. gains LE5.5B

CAIRO – 19 September 2022: The Egyptian Exchange (EGX) ended Monday’s session in the green zone, adding around LE 5.5 billion to the market capitalization, amid Egyptian purchases. 

 

The benchmark EGX30 rose 0.93 percent, or 91.02 points, to end at 9,854.21 points.

 

The equally weighted index EGX 50 hiked 1.26 percent, or 23.33 points, to end at 1,879.27 points.

 

Furthermore, the small and mid-cap index EGX 70 increased 2.95 percent, or 62.48 points, to close at 2,177.01 points, and the broader index EGX 100 climbed 2.38 percent, or 72.13 points, at 3,109.03 points.

 

Market capitalization gained around LE 5.52 billion, recording LE 682.17 billion, compared to LE 676.64 billion in Sunday’s session.

 

The trading volume reached 443.59 million shares, traded through 44,359 transactions, with a turnover of LE 829.43 million.

 

Egyptian investors were net buyers at LE 62.34 million, while Arab and foreign investors were net sellers at LE 15.27 million, and LE 47.06 million, respectively.

 

Egyptian and foreign individuals were net sellers at LE 6.34 million, and LE 1.86 million, respectively, while Arab individuals were net buyers at LE 248,018.

 

Arab and foreign organizations sold at LE 15.52 million, and LE 45.19 million, respectively, while Egyptian organizations bought at LE 68.67 million.

 

Odin for Investment & Development, Arab Co. for Asset Management And Development, and MM Group For Industry And International Trade were top gainers of the session at 9.84 percent, 8.44 percent and 8.31 percent, respectively.

 

Meanwhile, Nozha International Hospital, Sabaa International Company for Pharmaceutical and Chemical, and Marsa Marsa Alam for Tourism Development were top losers of the session by 11.38 percent, 5.91 percent, and 4.97 percent, respectively.