EGX trading closes with mixed performance on Sunday

Cairo – August 25, 2024: The Egyptian Exchange (EGX) starts the week on a mixed note, closing the Sunday session with a market capitalization of LE 2.068 trillion.

Benchmark index EGX 30 was down by 0.22 percent to barely remain in the 30k mark with 30,073.95 points.  

EGX 70 jumped by 1.15 percent to 6,979.77 points, followed by EGX 100 with an increase of 1.02 percent to reach 9,981.84 points.

The Shariah-complaint index was up by 0.54 percent to close the session at 2,863.37 points.

Sunday trading saw 1.154 billion shares exchanged with a turnover of LE 4.395 billion.

Trading on securities reported Egyptian investors as net buyers with LE 71.13 million. Arab and foreign traders were net sellers with LE 58.57 million and LE 12.55 million, respectively.

The top gains of the session were by Alexandria Spinning & Weaving (SPINALEX) which surged by 19.93 percent, Misr Beni Suef Cement by 12.24 percent, and Palm Hills Development Company by 11.75 percent.

The largest loss of the session was by Sinai Cement which dropped by 5.61 percent.