Bourse kicks off June trading in the green, adds about LE 3trn to market cap.



Thu, 01 Jun 2023 - 03:48 GMT


Thu, 01 Jun 2023 - 03:48 GMT

The Egyptian Exchange (EGX) started June trading on a positive note, adding around LE 3 trillion to the market cap.

Benchmark index EGX 30 was up by 0.21 percent to close the session at 17,533.31 points, followed by EGX 50 climbing 0.63 percent to end at 3,227.36 points.

EGX 70 surged by 1.22 percent to end at 3,289.54 points while EGX 100 jumped by 1.08 percent to end the session at 4,927.76 points.

Today’s trading saw 919.129 million shares exchanged with a turnover of LE 2.138 billion.

Market capitalization was recorded at LE 1.140 trillion, up from yesterday’s LE 1.137 trillion.

Trading on securities saw Egyptian and foreign investors as net sellers with LE 7.315 million and LE 36.192 million, respectively. Arab investors were net buyers with LE 43.507 million.

The top gains of the session were by Cairo Oils & Soap which surged by 19.55 percent, Gadwa For Industrial Development by 14.33 percent, and Al Khair River For Development Agricultural Investment & Environment by 12.04 percent.

The largest losses of the session were by Belton Financial Holding which fell by 8.14 percent, Pyramisa Hotels by 6.13 percent, and Sabaa International Company for Pharmaceutical and Chemical by 5.04 percent.







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