EGX ends Sunday in green, market cap. gains LE 18.35B

CAIRO – 2 April 2023: The Egyptian Exchange (EGX) ended Sunday’s session in the green zone, adding around LE 18.35 billion to the market capitalization, amid local purchases.

 

The benchmark EGX30 hiked 1.68 percent, or 275.93 points, to end at 16,694.46 points.

 

The equally weighted index EGX 50 rose 1.96 percent, or 54.41 points, to end at 2,837.14 points.

 

The small and mid-cap index EGX 70 increased 1.42 percent, or 39.88 points, to close at 2,846.98 points, and the broader index EGX 100 climbed 1.63 percent, or 68.88 points, at 4,301.27 points.

  

Market capitalization gained around LE 18.35 billion, recording LE 1.067 trillion, compared to LE 1.049 trillion in Thursday’s session.

 

The trading volume reached 235.27 million shares, traded through 50,077 transactions, with a turnover of LE 1.2 billion.

 

Egyptian investors were net buyers at LE 95.71 million, while Arab and foreign investors were net sellers at LE 34.94 million, and LE 60.77 million, respectively.

 

EL Ezz Aldekhela Steel - Alexandria, Ezz Steel, and GlaxoSmithKline were top gainers of the session at 18.4 percent, 8.84 percent and 7.80 percent, respectively.

 

Meanwhile, Egyptian Kuwaiti Holding-EGP, Cairo for Investment and Real Estate Development, and Lecico Egypt were top losers of the session by 1.87 percent, 1.68 percent, and 1.61 percent, respectively.