EGX turns into green by end of week, market cap. gains LE32.14B

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Thu, 04 Apr 2024 - 01:51 GMT

BY

Thu, 04 Apr 2024 - 01:51 GMT

CAIRO - 4 April 2024: The Egyptian Exchange (EGX) entered the green zone during Thursday’s session, adding around LE 32.14 billion to the market capitalization, amid local purchases.
 
The benchmark EGX30 hiked 2.04 percent, or 568.94 points, to end at 28,506.16 points.
 
The small and mid-cap index EGX 70 rose 1.79 percent, or 113.9 points, to close at 6,480.79 points.
 
The broader index EGX 100 increased 1.86 percent, or 168.48 points, to 9,229.47 points.
  
Market capitalization gained around LE 32.14 billion, recording LE 1.906 trillion, compared to LE 1.874 trillion in Wednesday’s session.
 
The trading volume reached 689.35 million shares, traded through 92,983 transactions, with a turnover of LE 3.19 billion.
 
Egyptian investors were net buyers at LE 188.71 million, while Arab and foreign investors were net sellers at LE 139.01 million, and LE 49.69 million, respectively.
 
Misr National Steel - Ataqa, Iron and Steel for Mines and Quarries, and Cairo Oils & Soap were top gainers of the session at 11.83 percent, 11.44 percent, and 9.31 percent, respectively.
 
Meanwhile, Rakta Paper Manufacturing, Arab Polvara Spinning and Weaving Co., and National Housing for Professional Syndicates were top losers of the session by 4.57 percent, 4.02 percent, and 2.65 percent, respectively.

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