EGX continues its uptrend for 3rd session in row, market cap. gains LE 2.77B

CAIRO – 15 August 2023: The Egyptian Exchange (EGX) continues its uptrend for the third consecutive session, adding around LE 2.77 billion to the market capitalization, amid local and Arab purchases.

 

The benchmark EGX30 increased 0.38 percent, or 67.82 points, to end at 17,965.32 points.

 

The small and mid-cap index EGX 70 rose 0.10 percent, or 3.77 points, to close at 3,638.98 points.

 

The broader index EGX 100 hiked 0.13 percent, or 6.73 points, to 5,367.55 points.

  

Market capitalization gained around LE 2.77 billion, recording LE 1.219 trillion, compared to LE 1.216 trillion in Monday’s session.

 

The trading volume reached 852.42 million shares, traded through 80,421 transactions, with a turnover of LE 2.35 billion.

 

Foreign investors were net sellers at LE 30.14 million, while Egyptian and Arab investors were net buyers at LE 10.4 million, and LE 19.73 million, respectively.

 

Ismailia Misr Pourtly, Saudi Egyptian Investment & Finance, and Speed Medical were top gainers of the session at 19.97 percent, 15.63 percent and 13.23 percent, respectively.

 

Meanwhile, Arab Pharmaceuticals, Paint & Chemicals Industries (Pachin), and Macro Group Pharmaceuticals -Macro Capital were top losers of the session by 7.26 percent, 6.46 percent, and 4.60 percent, respectively.