Cairo – January 4, 2024: Closing the first week of stock market trading with a mixed performance and a market cap. loss of LE 6.1 billion, the Egyptian Exchange (EGX) saw its benchmark index inch into the red by 0.23 percent to close the session at 25,350.28 points.
EGX 70 was up by 0.25 percent to 5,678.02 points, while EGX 100 inched upwards by 0.1 percent to end the session at 8,151.9 points.
Thursday’s trading saw 1.07 billion shares exchanged with a turnover of LE 3.513 billion.
Market capitalization was recorded at LE 1.746,9 trillion, compared to Wednesday’s LE 1.753,0 trillion.
Trading on securities saw Egyptian investors as net sellers with LE 361 million. Arab and foreign investors were net buyers with LE 333.04 million and LE 27.96 million, respectively.
The top gains of the session were by El Arabia for Land Reclamation which climbed by 13.98 percent, Al Baraka Bank Egypt by 13.18 percent, and General Company for Land Reclamation, Development & Reconstruction by 10.11 percent.
The largest losses of the session were by Delta for Printing & Packaging which dropped by 10.61 percent, Arabian Cement Company by 5.34 percent, and Arab Aluminum by 5.04 percent.
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