EGX flags in green Tuesday, market cap. gains LE 4.94B

CAIRO – 4 January 2022: The Egyptian Exchange (EGX) ended midweek session in green, adding around LE 4.94 billion to market capitalization, amid Arab purchases.

The benchmark EGX30 hiked 0.72 percent, or 85.21 points, to end at 11,982.61 points.

The equally weighted index EGX 50 jumped 1.31 percent, or 27.91 points, to end at 2,153.23 points.

The small and mid-cap index EGX 70 hiked 1.40 percent, or 31.7 points, to close at 2,301.33 points, and the broader index EGX100 climbed 1.39 percent, or 46.01 points, to close at 3,362.09 points.

Market capitalization gained around LE 4.94 billion, recording LE 771.76 billion, compared to LE  766.82 billion in Monday’s session.

The trading volume reached 422.78 million shares, traded through 43,659 transactions, with a turnover of LE 1.09 billion.

Egyptian, and foreign investors were net sellers at LE 27.04 million, and LE 16.26 million, respectively, while Arab investors were net buyers at LE 43.31 million.

Egyptian and Arab individuals were net sellers at LE 27.5 million, and LE 1.77 million, respectively, while foreign individuals were net buyers at LE 426,511.

Egyptian and Arab organizations sold at LE 470,430, and LE 45.08 million, respectively, while foreign organizations sold at LE 16.69 million.

Ceramic & Porcelain, B Investments Holding, and Al Baraka Bank Egypt were top gainers of the session at 11.39 percent, 9.93 percent and 7.99 percent, respectively.

Meanwhile, Egyptian Real Estate Group, Ismailia National Food Industries, and the Arab Dairy Products Co. Arab Dairy - Panda were top losers of the session by 4.93 percent, 3.42 percent, and 2.93 percent, respectively.