EGX's market cap. gains LE 25.98B Wednesday

CAIRO – 29 March 2023: The Egyptian Exchange (EGX) ended Wednesday’s session in the green zone, adding around LE 25.98 billion to the market capitalization, amid Egyptian purchases.

 

The benchmark EGX30 increased 3.17 percent, or 504.95 points, to end at 16,411.37 points.

 

The equally weighted index EGX 50 rose 2.41 percent, or 66.22 points, to end at 2,818.4 points.

 

The small and mid-cap index EGX 70 hiked 1.25 percent, or 35.17 points, to close at 2,839.31 points, and the broader index EGX 100 climbed 1.95 percent, or 81.84 points, at 4,279.1 points.

  

Market capitalization gained around LE 25.98 billion, recording LE 1.053 trillion, compared to LE 1.027 trillion in Tuesday’s session.

 

The trading volume reached 402.39 million shares, traded through 70,586 transactions, with a turnover of LE 2.05 billion.

 

Egyptian investors were net buyers at LE 198.72 million, while Arab and foreign investors were net sellers at LE 9.13 million, and LE 189.59 million, respectively.

 

Belton Financial Holding, Egyptian Kuwaiti Holding-EGP, and Oriental Weavers were top gainers of the session at 12.64 percent, 10 percent and 8.40 percent, respectively.

 

Meanwhile, Remco for Touristic Villages Construction, Gharbia Islamic Housing Development, and Egyptian Real Estate Group were top losers of the session by 3.59 percent, 3.24 percent, and 2.84 percent, respectively.