EGX ends Monday in semi-collective rise, market cap. gains LE1.3B

CAIRO –  23 May 2022: The Egyptian Exchange (EGX) ended Monday’s session in a semi-collective rise, adding around LE 1.3 billion to market capitalization, amid Arab purchases.

 

 

The benchmark EGX30 rose 0.50 percent, or 52.21 points, to end at 10,514.95 points.

 

 

The small and mid-cap index EGX 70 rose 0.10 percent, or 1.82 points, to close at 1,843.52 points, and the broader index EGX 100 hiked 0.12 percent, or 3.24 points, to close at 2,775.02 points.

 

On the other hand, the equally weighted index EGX 50 inched down 0.02 percent, or 0.39 points, to end at 1,820.39 points.  

 

 

Market capitalization gained around LE 1.3 billion, recording LE 688.82 billion, compared to LE 687.52 billion in Sunday’s session.

 

 

The trading volume reached 290.59 million shares, traded through 27,080 transactions, with a turnover of LE 586.33 million.

 

 

Arab investors were net buyers at LE 17.48 million, while Egyptian and foreign investors were net sellers at LE 12.99 million, and LE 4.48 million, respectively.

 

 

 

Egyptian, Arab and foreign individuals were net sellers at LE 35.68 million, LE 983,779, and LE 2.5 million, respectively.

 

 

Egyptian and Arab organizations bought at LE 22.69 million,and LE 18.46 million, respectively, while foreign organizations sold at LE 1.98 million.

 

 

International Agricultural Products, Arab Developers Holding, and Nasr Company for Civil Works were top gainers of the session at 9.79 percent, 4.92 percent and 4.16 percent, respectively.

 

 

Meanwhile, Contact Financial Holding, Dice Sport & Casual Wear, and El Wadi For International and Investment Development were top losers of the session by 11.43 percent, 7.18 percent, and 4.47 percent, respectively.