Bourse trading ends week on a continued high note

Cairo – October 26, 2023: The Egyptian Exchange (EGX) continued its green streak to end the week on a positive note, buoyed by yesterday’s historic session which saw all three main indices soaring with 3.36–3.64 percent gains each.

Benchmark index recorded growth of .56 percent to end the session at 23,262.27 points after a strong 3.37 percent uptick on Wednesday trading.

EGX 70 was up by 0.51 percent to 4,339.30 points, followed by EGX 100 with a climb of 0.36 percent to 6,578.50 points.

Thursday trading saw 1.14 billion shares exchanged with a turnover of LE 5.09 billion.

Market capitalization was recorded at LE 1.589 trillion.

Trading on securities saw Egyptian and Arab investors as net sellers with LE 12 million and LE 155 million, respectively. Foreign investors were net buyers with LE 167.81 million.

The top gains of the session were by the General Company for Land Reclamation, Development & Reconstruction which surged by 20 percent, Wadi Kom Ombo Land Reclamation by 19.99 percent, and Asek Company for Mining – Ascom by 19.97 percent.

The largest losses of the session were by Arab Co. for Asset Management and Development which fell by 6.63 percent, Atlas For Investment and Food Industries by 6.09 percent, and Saudi Egyptian Investment & Finance by 6.03 percent.