EGX adds LE23.59B to market cap. Sunday

CAIRO –  4 December 2022: The Egyptian Exchange (EGX) ended Sunday’s session in the green zone, adding around LE 23.59 billion to the market capitalization, amid Egyptian organization purchases.

  

The benchmark EGX30 increased 3.22 percent, or 438.8 points, to end at 14,078.53 points.

 

The equally weighted index EGX 50 hiked 3.40 percent, or 79.3 points, to end at 2,408.73 points.

 

The small and mid-cap index EGX 70 rose 1.78 percent, or 46.57 points, to close at 2,668.98 points, and the broader index EGX 100 climbed 2.39 percent at 3,900.89 points.

 

Market capitalization gained around LE 23.59 billion, recording LE 913.96 billion, compared to LE  890.36 billion in Thursday’s session.

 

The trading volume reached 825.26 million shares, traded through 85,639 transactions, with a turnover of LE 2.38 billion.

 

Egyptian investors were net buyers at LE 125.4 million, while Arab and foreign investors were net sellers at LE 40.73 million, and LE 84.67 million, respectively.

 

Egyptian, and Arab individuals were net sellers at LE 116.63 million, and LE 42.49 million, respectively, while foreign individuals were net buyers at LE 6.79 million.

 

Egyptian and Arab organizations bought at LE 242.03 million, and LE 1.76 million, respectively, while foreign organizations sold at LE 91.46 million.

 

Kafr El Zayat Pesticides, Ismailia National Food Industries, and Faisal Islamic Bank of Egypt - In EGP were top gainers of the session at 13.70 percent, 13.01 percent and 11.48 percent, respectively.

 

Meanwhile, Misr Beni Suef Cement, El Obour Real Estate Investment, and Egyptian Iron & Steel were top losers of the session by 6.55 percent, 5.11 percent, and 4.84 percent, respectively.