EGX ends its 4-session week in green, market cap. gains LE 1.92B

CAIRO –  29 June 2022: The Egyptian Exchange (EGX) ended Wednesday, the last trading session of the week, in the green zone, adding around LE 1.92  billion to market capitalization, amid Egyptian and Arab purchases.

 

EGX decided earlier that Thursday, June 30,  is an official holiday,on the occasion of the 30th June Revolution anniversary.  Trading will be resumed effective Sunday, July 3.

 

 

The benchmark EGX30 increased 0.50 percent, or 45.98 points, to end at 9,225.61 points.

 

 

The equally weighted index EGX 50 hiked 0.75 percent, or 12.29 points, to end at 1,649.98 points.

 

 

The small and mid-cap index EGX 70 rose 0.66 percent, or 11.3 points, to close at 1,721.22 points, and the broader index EGX 100 climbed 0.73 percent, or 18.45 points, to close at 2,547.67 points.

 

 

Market capitalization gained around LE 1.92 billion, recording LE 621.96 billion, compared to LE 620.04 billion in Tuesday’s session.

 

 

The trading volume reached 205.47 million shares, traded through 23,422 transactions, with a turnover of LE 554.26 million.

 

 

Foreign investors were net sellers at LE 100.35 million, while Egyptian and Arab investors were net buyers at LE 92.74 million, and LE 7.61 million, respectively.

 

 

Egyptian, Arab and foreign individuals were net sellers at LE 14.88 million, LE 903,237, and LE 750,248, respectively. 

 

 

Egyptian and Arab organizations bought at LE 107.61 million, and LE 8.5 million, respectively, while foreign organizations sold at LE 99.6 million.

 

 

GB AUTO, Misr Hotels, and T M G Holding were top gainers of the session at 4.71 percent, 4.24 percent and 3.99 percent, respectively.

 

 

Meanwhile, El Orouba Securities Brokerage, Minapharm Pharmaceuticals, and EL Ezz El Dekheila Steel - Alexandria, were top losers of the session by 14.92 percent, 10.64 percent, and 9.78 percent, respectively.