Bourse trading ends on a varied note with benchmark index inching into the green



Wed, 22 May 2024 - 04:37 GMT


Wed, 22 May 2024 - 04:37 GMT

Cairo – May 22, 2024: The Egyptian Exchange (EGX) slightly recovered from dipping into the red yesterday, with EGX 30 rising to close Wednesday trading on a varied note.

Benchmark index EGX 30 inched its way upward by 0.01 percent to end the session at 27,227.44 points.

EGX 70 dropped by 0.35 percent to 5,891.86 points, followed by EGX 100 which declined by 0.16 percent to close trading at 8,536.77 points.

Wednesday trading saw 688.61 million shares exchanged with a turnover of LE 4.01 billion.

Market capitalization was reported at LE 1.839 trillion, compared to yesterday’s LE 1.841,6 trillion.

Trading on securities saw Egyptian and Arab traders as net buyers with LE 26.63 million and LE 526.93 million, respectively. Foreign investors were net sellers with LE 553.56 million.

The top gains of the session were by Misr Hotels which climbed by 13.64 percent, Emaar Misr for Development by 7.41 percent, and Gadwa for Industrial Development by 7.33 percent.

The largest losses of the session were by Electro Cable Egypt which dropped by 5.21 percent, Rowad Tourism (Al Rowad) by 4.76 percent, and Cairo Educational Services by 4.13 percent.




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