EGX shows mixed performance Sunday, market cap. gains LE5.51B

CAIRO – 30 October 2022: The Egyptian Exchange (EGX) ended Sunday’s session on a mixed note, adding around LE 5.51 billion to the market capitalization, amid foreign purchases.

  

The benchmark EGX30 hiked 0.26 percent, or 28.65 points, to end at 11,100.67 points.

 

The equally weighted index EGX 50 increased 0.62 percent, or 12.56 points, to end at 2,038.29 points.

 

On the other hand, the small and mid-cap index EGX 70 dropped 0.47 percent, or 10.55 points, to close at 2,231.17 points, and the broader index EGX 100 declined 0.22 percent, or 7.08 points, at 3,236.84 points.

 

Market capitalization gained around LE 5.51 billion, recording LE 751.31 billion, compared to LE 745.79 billion in Thursday’s session.

 

The trading volume reached 533.53 million shares, traded through 54,936 transactions, with a turnover of LE 1.3 billion.

 

Foreign investors were net buyers at LE 74.4 million, while Egyptian and Arab investors were net sellers at LE 24.02 million, and LE 50.37 million, respectively.

 

Arab and foreign individuals were net buyers at LE 5.94 million, and LE 5.88 million, respectively, while Egyptian individuals were net sellers at LE 2.62 million.

 

Egyptian and Arab organizations sold at LE 21.41 million, and LE 56.32 million, respectively, while foreign organizations bought at LE 68.52 million.

 

Nasr Company for Civil Works, Misr Hotels, and Alexandria Containers and goods were top gainers of the session at 13.39 percent, 8.79 percent and 7.73 percent, respectively.

 

Meanwhile, Odin for Investment & Development, Egyptians Housing Development & Reconstruction, and Emerald Real Estate Investment were top losers of the session by 9.95 percent, 8.92 percent, and 8.47 percent, respectively.