EGX's market cap. surpasses LE1T during Ramadan's 1st trading session

CAIRO – 23 March 2023: The Egyptian Exchange (EGX) started the Holy month of Ramadan in the green zone, with the market capitalization surpassing LE 1 trillion, amid local purchases.

 

The benchmark EGX30 hiked 2.44 percent, or 371.86 points, to end at 15,625.08 points.

 

The equally weighted index EGX 50 increased 2.26 percent, or 59.07 points, to end at 2,667.35 points.

 

The small and mid-cap index EGX 70 rose 1.15 percent, or 31.5 points, to close at 2,765.44 points, and the broader index EGX 100 climbed 1.63 percent, or 65.97 points, at 4,106.21 points.

  

Market capitalization gained around LE 18.03 billion, recording LE 1.006 trillion, compared to LE 988.34 billion in Wednesday’s session.

 

The trading volume reached 256.41 million shares, traded through 37,800 transactions, with a turnover of LE 1.29 billion.

 

Egyptian investors were net buyers at LE 217.35 million, while Arab and foreign investors were net sellers at LE 216.87 million, and LE 477,476, respectively.

 

Egyptian Kuwaiti Holding-EGP, Cairo Pourtly, and Emaar Misr for Development were top gainers of the session at 9.98 percent, 9.16 percent and 7.38 percent, respectively.

 

Meanwhile, Extracted Oils, Memphis Pharmaceuticals, and Rakta Paper Manufacturing were top losers of the session by 7.42 percent, 3.92 percent, and 3.46 percent, respectively.