EGX flags in green during Sunday, market cap. gains LE2.4B

CAIRO – 20 August 2023: The Egyptian Exchange (EGX) started the week in the green zone, adding around LE 2.4 billion to the market capitalization, amid Arab purchases.

 

The benchmark EGX30 increased 0.36 percent, or 63.95 points, to end at 18,033.22 points.

 

The small and mid-cap index EGX 70 rose 0.35 percent, or 12.69 points, to close at 3,641.45 points.

 

The broader index EGX 100 hiked 0.30 percent, or 16.23 points, to 5,369.99 points.

  

Market capitalization gained around LE 2.4 billion, recording LE 1.222 trillion, compared to LE 1.219 trillion in Thursday's session.

 

The trading volume reached 483.45 million shares, traded through 58,482 transactions, with a turnover of LE 1.6 billion.

 

Arab investors were net buyers at LE 70.61 million, while Egyptian and foreign investors were net sellers at LE 21.59 million, and LE 49.02 million, respectively.

 

Egyptian for Tourism Resorts, Sharm Dreams Co. for Tourism Investment, and Saudi Egyptian Investment & Finance were top gainers of the session at 19.87 percent, 5.71 percent and 5.12 percent, respectively.

 

Meanwhile, Remco for Touristic Villages Construction, Giza General Contracting, and Raya Contact Center were top losers of the session by 3.84 percent, 3.62 percent, and 3.39 percent, respectively.