EGX adds LE6.47B to market cap. Wednesday

CAIRO –  28 December 2022: The Egyptian Exchange (EGX) ended Wednesday’s session in the green zone, adding around LE 6.47 billion to the market capitalization, amid Egyptian purchases.

  

The benchmark EGX30 increased 0.64 percent, or 93.03 points, to end at 14,578.21 points.

 

The equally weighted index EGX 50 hiked 0.91 percent, or 23.56 points, to end at 2,601.66 points.

 

The small and mid-cap index EGX 70 rose 1.09 percent, or 30.13 points, to close at 2,791.59 points, and the broader index EGX 100 climbed 1.07 percent, or 43.74 points, at 4,130.88 points.

 

Market capitalization gained around LE 6.47 billion, recording LE 959.25 billion, compared to LE 952.77 billion in Tuesday’s session.

 

The trading volume reached 538.21 million shares, traded through 47,671 transactions, with a turnover of LE 1.27 billion.

 

Egyptians investors were net buyers at LE 51.84 million, while Arab and foreign investors were net sellers at LE 11.28 million, and LE 40.55 million, respectively.

 

Egyptian, Arab, and foreign individuals were net sellers at LE 44.47 million, LE 31.14 million, and LE 832,540, respectively.

 

Egyptian and Arab organizations bought at LE 96.32 million, and LE 19.85 million, respectively, while foreign organizations sold at LE 39.72 million.

 

Arabia Investments Holding, Arab Co. for Asset Management and Development, and Arab Developers Holding were top gainers of the session at 7.99 percent, 6.44 percent and 6.39 percent, respectively.

 

Meanwhile, Grand Investment Capital, Macro Group Pharmaceuticals -Macro Capital, and Abu Dhabi Islamic Bank- Egypt were top losers of the session by 17.41 percent, 6.03 percent, and 3.06 percent, respectively.