EGX shows mixed performance Monday, market cap. loses LE1.87B

CAIRO –  25 July 2022: The Egyptian Exchange (EGX) ended Monday’s session on a mixed note, losing around LE 1.87 billion of market capitalization, amid foreign selling.

 

The benchmark EGX30 decreased 0.42 percent, or 38.58 points, to end at 9,237.7 points.

 

The equally weighted index EGX 50 declined 0.27 percent, or 4.51 points, to end at 1,693.78 points.  

 

On the other hand, the small and mid-cap index EGX 70 rose 0.50 percent, or 9.04 points, to close at 1,824.17 points, and the broader index EGX 100 climbed 0.30 percent, or 7.95 points, at 2,664.44 points.

 

Market capitalization lost around LE 1.8 billion, recording LE 622.31 billion, compared to LE 624.18 billion in Sunday’s session.

 

The trading volume reached 394.45 million shares, traded through 34,300 transactions, with a turnover of LE 842.38 million.

 

Foreign investors were net sellers at LE 224.24 million, while Egyptian and Arab investors were net buyers at LE 190.02 million, and LE 34.22 million, respectively.

 

Egyptian and foreign individuals were net sellers at LE 14.48 million, and LE 7,886, respectively, while Arab individuals were net buyers at LE 15.67 million.

 

Egyptian and Arab organizations bought at LE 204.5 million, and LE 18.55 million, respectively, while foreign organizations sold at LE 224.24 million.

 

AJWA for Food Industries company Egypt, MM Group For Industry and International Trade, and Speed Medical were top gainers of the session at 19.98 percent, 13.17 percent and 12.72 percent, respectively.

 

Meanwhile, Raya Holding for Financial Investments, Rowad Tourism (Al Rowad), and General Silos & Storage were top losers of the session by 4.70 percent, 4.61 percent, and 4.42 percent, respectively.