EGX shows mixed performance Wednesday, market cap. gains LE 4.64B

CAIRO – 16 August 2023: The Egyptian Exchange (EGX) ended Wednesday's session on a mixed note, adding around LE 4.64 billion to the market capitalization, amid Arab and foreign purchases.

 

The benchmark EGX30 increased 0.54 percent, or 97.18 points, to end at 18,062.5 points.

 

The small and mid-cap index EGX 70 declined 0.38 percent, or 13.73 points, to close at 3,625.25 points.

 

The broader index EGX 100 inched down 0.06 percent, or 3.22 points, to 5,364.33 points.

  

Market capitalization gained around LE 4.64 billion, recording LE 1.224 trillion, compared to LE 1.219 trillion in Tuesday’s session.

 

The trading volume reached 878.46 million shares, traded through 85,772 transactions, with a turnover of LE 2.59 billion.

 

Egyptian investors were net sellers at LE 185.7 million, while Arab and foreign investors were net buyers at LE 25.1 million, and LE 160.61 million, respectively.

 

Juhayna Food Industries, Ismailia Misr Pourtly, and Egyptian Gulf Marseilia for Real Estate Investment were top gainers of the session at 20 percent, 18.89 percent and 10.43 percent, respectively.

 

Meanwhile, Belton Financial Holding, Speed Medical, and Ismailia National Food Industries were top losers of the session by 6.32 percent, 4.95 percent, and 4.87 percent, respectively.