EGX trades in green at end of week, market cap. gains LE41.47B

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Thu, 21 Mar 2024 - 02:49 GMT

BY

Thu, 21 Mar 2024 - 02:49 GMT

CAIRO - 21 March 2024: The Egyptian Exchange (EGX) ended Thursday’s session in the green zone, adding around LE 41.47 billion to the market capitalization, amid local purchases.
 
The benchmark EGX30 rose 1.63 percent, or 465.59 points, to end at 29,054.96 points.
 
The small and mid-cap index EGX 70 hiked 3.16 percent, or 202.16 points, to close at 6,596.4 points.
 
The broader index EGX 100 increased 3.12 percent, or 284.53 points, to 9,411.43 points.
  
Market capitalization gained around LE 41.47 billion, recording LE 1.939 trillion, compared to LE 1.897 trillion in Wednesday’s session.
 
The trading volume reached 739.85 million shares, traded through 111,100 transactions, with a turnover of LE 3.79 billion.
 
Egyptian investors were net buyers at LE 356.39 million, while Arab and foreign investors were net sellers at LE 153.8 million, and LE 202.59 million, respectively.
 
Nasr Company for Civil Works, Engineering Industries (ICON), and Dice Sport & Casual Wear were top gainers of the session at 16.14 percent, 12 percent, and 10.42 percent, respectively.
 
Meanwhile, Sabaa International Company for Pharmaceutical and Chemical, Edita Food Industries S.A.E, and Cairo Pharmaceuticals were top losers of the session by 6.18 percent, 4.98 percent, and 4.91 percent, respectively.

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