EGX shows mixed performance Sunday, market cap. loses LE8.1B

CAIRO - 26 November 2023: The Egyptian Exchange (EGX) showed a mixed performance during Sunday’s session, losing around LE 8.1 billion of the market capitalization, amid Egyptian and foreign purchases.

 

The benchmark EGX30 decreased 0.86 percent, or 219.17 points, to end at 25,300.32 points.

 

On the other hand, the small and mid-cap index EGX 70 rose 0.52 percent, or 26.11 points, to close at 5,091.54 points.

 

The broader index EGX 100 hiked 0.30 percent, or 22.03 points, to 7,466.08 points.

  

Market capitalization lost around LE 8.1 billion, recording LE 1.702 trillion, compared to LE 1.710 trillion in Thursday’s session.

 

The trading volume reached 1.78 million shares, traded through 126,063 transactions, with a turnover of LE 3.66 billion.

 

Arab investors were net sellers at LE 47.65 million, while Egyptian and foreign investors were net buyers at LE 34.58 million, and LE 13.06 million, respectively.

 

Northern Upper Egypt Development & Agricultural Production, Misr Duty Free Shops, and Contact Financial Holding were top gainers of the session at 19.64 percent, 10.90 percent and 10.12 percent, respectively.

 

Meanwhile, Nozha International Hospital, Amer Group Holding, and Minapharm Pharmaceuticals were top losers of the session by 5.75 percent, 5.56 percent, and 5.25 percent, respectively.