EGX shows mixed performance Sunday, market cap. gains LE2.87B

CAIRO –  5 March 2023: The Egyptian Exchange (EGX) showed mixed performance during Sunday’s session, adding around LE 2.87 billion to the market capitalization, amid Egyptian organization purchases.

 

The benchmark EGX30 declined 0.11 percent, or 19.14 points, to end at 16,827.65 points, and the broader index EGX 100 inched down 0.01 percent, or 0.48 points, at 4,534.28 points.

 

On the other hand, the equally weighted index EGX 50 inched up 0.01 percent, or 0.32 points, to end at 2,921.01 points, and the small and mid-cap index EGX 70 rose 0.09 percent, or 2.65 points, to close at 3,061.53 points.

 

Market capitalization gained around LE 2.87 billion, recording LE 1.086 trillion, compared to LE 1.083 trillion in Thursday’s session.

 

The trading volume reached 394.77 million shares, traded through 61,655 transactions, with a turnover of LE 1.39 billion.

 

Egyptian investors were net buyers at LE 73.09 million, while Arab and foreign investors were net sellers at LE 23.77 million, and LE 49.31 million, respectively.

 

Egyptian and foreign individuals were net sellers at LE 21.73 million, and LE 694,176, respectively, while Arab individuals were net buyers at LE 4.06 million.

 

Arab and foreign organizations sold at LE 27.84 million, and LE 48.62 million, respectively, while Egyptian organizations bought at LE 94.82 million.

 

Zahraa Maadi Investment & Development, Canal Shipping Agencies, and Arabian Food Industries DOMTY were top gainers of the session at 10.97 percent, 10.24 percent and 9.38 percent, respectively.

 

Meanwhile, Grand Investment Capital, Al Khair River for Development Agricultural Investment & Environmental services, and Delta Construction & Rebuilding were top losers of the session by 9.64 percent, 6.11 percent, and 5.77 percent, respectively.