EGX ends Tuesday in green despite slight decrease in market cap. amid local, Arab purchases

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Tue, 21 Jun 2022 - 02:25 GMT

BY

Tue, 21 Jun 2022 - 02:25 GMT

EGX - REUTERS

EGX - REUTERS

CAIRO –  21 June 2022: The Egyptian Exchange (EGX) ended Tuesday’s session in the green zone, despite losing around LE 220.88M billion of market capitalization, amid Egyptian and Arab purchases.
 
 
The benchmark EGX30 rose 0.18 percent, or 17.7 points, to end at 9,697.88 points.
 
 
The equally weighted index EGX 50 increased 0.14 percent, or 2.41 points, to end at 1,726.01 points.
 
 
The small and mid-cap index EGX 70 hiked 0.40 percent, or 7.25 points, to close at 1,812.89 points, and the broader index EGX 100 inched up 0.26 percent, or 6.86 points, to close at 2,680.87 points.
 
 
Market capitalization lost around LE 220.88 million, recording LE 646.55 billion, compared to LE 646.77 billion in Monday’s session.
 
 
The trading volume reached 340.72 million shares, traded through 27,131 transactions, with a turnover of LE 642.07 million.
 
 
Foreign investors were net sellers at LE 152.31 million, while Egyptian and Arab investors were net buyers at LE 118.66 million, and LE 33.65 million, respectively.
 
 
Egyptian, Arab and foreign individuals were net buyers at LE 58.77 million, LE 5.27 million, and LE 14.23 million, respectively.
 
 
Egyptian and Arab organizations bought at LE 59.88 million, and LE 28.38 million, respectively, while foreign organizations sold at LE 166.54 million.
 
 
Samad Misr -EGYFERT, Mena Touristic & Real Estate Investment, and General Silos & Storage were top gainers of the session at 9.94 percent, 5.76 percent and 5.22 percent, respectively.
 
 
Meanwhile, Al Baraka Bank Egypt, Engineering Industries (ICON), and Abu Dhabi Islamic Bank- Egypt were top losers of the session by 5.20 percent, 4.94 percent, and 3.99 percent, respectively.
 
 

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