EGX adds LE12.23B to market cap. amid local purchases

CAIRO – 17 September 2023: The Egyptian Exchange (EGX) started the week in green, adding around LE 12.23 billion to the market capitalization, amid local purchases.

 

The benchmark EGX30 rose 0.66 percent, or 128.49 points, to end at 19,668.82 points.

 

The small and mid-cap index EGX 70 hiked 0.40 percent, or 15.39 points, to close at 3,854.39 points.

 

The broader index EGX 100 increased 0.58 percent, or 32.99 points, to 5,682.36 points.

  

Market capitalization gained around LE 12.23 billion, recording LE 1.326 trillion, compared to LE 1.314 trillion in Thursday's session.

 

The trading volume reached 834.16 million shares, traded through 77,898 transactions, with a turnover of LE 2.02 billion.

 

Egyptian investors were net buyers at LE 45.04 million, while Arab and foreign investors were net sellers at LE 21.59 million, and LE 23.45 million, respectively.

 

Egyptian for Tourism Resorts,Arabian Food Industries DOMTY, and Egyptian Gulf Marseilia For Real Estate Investment were top gainers of the session at 11.74 percent, 10.82 percent and 7.52 percent, respectively.

 

Meanwhile, Copper for Commercial Investment & Real Estate Development, Prime Holding, and Delta for Printing & Packaging were top losers of the session by 6 percent, 5.43 percent, and 2.75 percent, respectively.