Sunday stock market trading sees EGX 30 break all-time record once more



Sun, 19 Nov 2023 - 03:36 GMT


Sun, 19 Nov 2023 - 03:36 GMT

The Egyptian Exchange (EGX) kickstarted the week in the green as its benchmark index broke another record to report an all-time high of almost 24,900 points.

Benchmark index EGX 30 surged by 2.12 percent to begin the week with a record-breaking 24,899.59 points.

EGX 70 saw a more subdued climb of 0.89 percent to 4,909.12 points, followed by EGX 100 jumping by 1.07 percent to end the session at 7,236.43 points.

Sunday trading saw 1.599 billion shares exchanged with a turnover of LE 3.785 billion.

Market capitalization was recorded at LE 1.6798 trillion, gaining around LE 32 billion, compared to Thursday’s LE 1.648 billion.

Trading on securities saw Egyptian and foreign investors were net buyers with LE 125.63 million and LE 9.49 million, respectively. Arab traders were net sellers with LE 135.13 million.

The top gains of the session were by Misr Hotels which surged by 20 percent to make its third consecutive session in the green, Delta Sugar by 15.34 percent, and Pyramisa Hotels by 13.07 percent.

The largest losses of the session were by Grand Investment Capital which fell by 7.78 percent, El-Nile Co. for Pharmaceuticals and Chemical Industries by 7.2 percent, and Egyptian Iron & Steel by 4.97 percent.




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