EGX flags in green, market cap. gains LE 29.93B

CAIRO –  29 January 2023: The Egyptian Exchange (EGX) ended Sunday’s session in the green zone, adding LE 29.93 billion, amid Egyptian purchases.

 

The benchmark EGX30 increased 3.69 percent, or 620.35 points, to end at 17,411.46 points. 

 

The equally weighted index EGX 50 rose 2.10 percent, or 61.53 points, to end at 2,985.88 points.

 

The small and mid-cap index EGX 70 soared 0.91 percent, or 27.74 points, to close at 3,059.73 points, and the broader index EGX 100 hiked 1.48 percent, or 67.25 points, at 4,601.45 points.

 

 

Market capitalization gained around LE 29.93 billion, recording LE 1.112 trillion, compared to LE 1.082 trillion in Wednesday’s session.

 

The trading volume reached 552.68 million shares, traded through 79,970 transactions, with a turnover of LE 2.5 billion.

 

Egyptian investors were net buyers at LE 131.64 million, while Arab and foreign investors were net sellers at LE 54.56 million, and LE 77.07 million, respectively.

 

Egyptian, Arab and foreign individuals were net sellers at LE 183.64 million, LE 13.56 million, and LE 1.24 million, respectively.

 

Arab and foreign organizations sold at LE 41 million, and LE 75.83 million, respectively, while Egyptian organizations bought at LE 315.28 million.

 

Saudi Egyptian Investment & Finance, Telecom Egypt, and Suez Canal Bank S.A.E were top gainers of the session at 19.69 percent, 14.67 percent and 12.34 percent, respectively.

 

Meanwhile, Cairo Pharmaceuticals, Rowad Tourism (Al Rowad), and Kafr El Zayat Pesticides were top losers of the session by 5.11 percent, 4.60 percent, and 4.42 percent, respectively.