EGX shows mixed performance Wednesday, market cap. gains LE1.22B

CAIRO – 23 February 2022: The Egyptian Exchange (EGX) ended Wednesday’s session on a mixed note, adding around LE 1.22 billion to market capitalization, amid Arab and foreign selling.

 

 

The benchmark EGX30 inched down 0.01 percent, or 1.41 points, to end at 11,301.08 points.

 

 

On the other hand, the equally weighted index EGX 50 hiked 0.40 percent, or 7.67 points, to end at 1,944.01 points.

 

 

The small and mid-cap index EGX 70 increased 0.54 percent, or 10.53 points, to close at 1,950.52 points, and the broader index EGX100 inched up 0.48 percent, or 13.9 points, to close at 2,934.54 points.

 

 

 

Market capitalization gained around LE 1.22 billion, recording LE 713.66 billion, compared to LE 712.45 billion in Tuesday’s session.

 

 

 

The trading volume reached 244.67 million shares, traded through 27,877 transactions, with a turnover of LE 612.88 million.

 

 

 

Arab and foreign investors were net sellers at LE 19.17 million, and LE 1.25 million, respectively, while Egyptian investors were net buyers at LE 20.42 million.

 

 

 

Arab and foreign individuals were net sellers at LE 2.86 million, and LE 66,291, respectively, while Egyptian individuals were net buyers at LE 68.31 million.

 

 

Egyptian, Arab and foreign organizations sold at LE 47.89 million, LE 16.31 million, and LE 1.18 million, respectively.

 

 

 

El Wadi for International and Investment Development, El Ezz Porcelain (Gemma) and Ismailia Development and Real Estate Co were top gainers of the session at 9.16 percent, 6.92 percent and 6.01 percent, respectively.

 

 

 

Meanwhile, Taaleem Management Services, Alexandria Spinning & Weaving (SPINALEX), and Naeem Holding  were top losers of the session by 4.16 percent, 2.68 percent, and 2.38 percent, respectively.