The Egyptian Exchange (EGX) broke records yesterday with benchmark index EGX 30 closing at an all-time high, beating out the previous record set in 2018, and continued to build to rise above yesterday’s record-breaking session to hit 18,584.84 points with a climb of 0.37 percent.
The EGX ended the session on a high note followed by EGX 70 which was up by 0.36 percent at 3,754.48 points, while EGX 100 climbed by 0.22 percent to 5,517.56 points.
The stock market saw 720.83 million shares exchanged with a turnover of LE 2.64 billion.
Market capitalization was recorded at LE 1.26 trillion.
Trading on securities saw Egyptian and Arab traders as net sellers with LE 58.97 million and LE 6.28 million, respectively. Foreign investors were net buyers with LE 65.26 million.
The top gains of the session were by Export Development Bank of Egypt (EDBE) which climbed by 20 percent, Egyptian Gulf Marseilia for Real Estate Investment by 16.86 percent, and Egyptian for Tourism Resorts by 11.59 percent.
The largest losses were by Sinai Cement which dropped by 13.12 percent, General Company for Land Reclamation, Development & Reconstruction by 6.38 percent, and Golden Textiles & Clothes Wool by 5.57 percent.
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