EGX starts week in green, market cap. gains LE15.5B

CAIRO – 6 August 2023: The Egyptian Exchange (EGX) ended Sunday’s session in the green zone, adding around LE 15.55 billion to the market capitalization, amid local purchases.

 

The benchmark EGX30 rose 1.41 percent, or 246.05 points, to end at 17,697.49 points.

 

The small and mid-cap index EGX 70 increased 1.16 percent, or 40.76 points, to close at 3,566.32 points.

 

The broader index EGX 100 surged 1.49 percent, or 77.33 points, to 5,274.18 points.

  

Market capitalization gained around LE 15.55 billion, recording LE 1.2 trillion, compared to LE 1.18 trillion in Thursday’s session.

 

The trading volume reached 2.07 billion shares, traded through 65,663 transactions, with a turnover of LE 2.08 billion.

 

Egyptian investors were net buyers at LE 24.55 million, while Arab and foreign investors were net sellers at LE 2.75 million, and LE 21.79 million, respectively.

 

Heliopolis Housing, Delta Construction & Rebuilding, and Egyptians for Investment & Urban Development were top gainers of the session at 11.29 percent, 8.02 percent and 5.06 percent, respectively.

 

Meanwhile, Extracted Oils, Sabaa International Company for Pharmaceutical and Chemical, and General Silos & Storage were top losers of the session by 4.75 percent, 3.43 percent, and 2.46 percent, respectively.