Monday bourse trading closes in the green, adds LE 1.5B to market cap.

Cairo – November 13, 2023: The Egyptian Exchange (EGX) returned to the green during Monday trading amid Egyptian and Arab selling.

Benchmark index EGX30 saw a slight bump of 0.19 percent to close at 23,954.96 points.

EGX 70 soared by 1.25 percent to 4,791.36 points, followed by EGX 100 climbing by 0.87 percent to end the session at 7,020.85 points.

Monday trading saw 1.41 billion shares exchanged with a turnover of LE 3.374 billion.

Market capitalization was recorded at LE 1.614 trillion, an additional LE 1.5 billion from Sunday’s close of LE 1.613 billion.

Trading on securities saw Egyptian and Arab investors were net sellers with LE 60.918 million and LE 1.212 million, respectively.

The top gains of the session were by Nasr Company for Civil Works which climbed by 13.72 percent, Telecom Egypt by 12.35 percent, and Mena Touristic & Real Estate Investment by 12.12 percent.

The largest losses of the session were by Alexandria Pharmaceuticals which dropped by 9.7 percent, Medical Packaging Company by 6.66 percent, and Asek Company for Mining – Ascom by 6.5 percent.

The purchase price of 24-carat gold reached LE 3,000 per gram; LE 44 higher than on Sunday.