EGX ends week in green, market cap. gains LE 9.25B

CAIRO - 14 November 2024: The Egyptian Exchange (EGX) ended the week in green zone, adding around LE 9.25 billion to market capitalization, driven by local purchases.

 

The benchmark EGX30 inched up 0.09 percent, or 29.2 points, closing at 31,462.21 points.

 

The small and mid-cap index EGX 70 increased by 0.97 percent, or 80.81 points, to finish at 8,407.39 points.

 

Furthermore, the broader index, EGX 100, hiked 0.74 percent, or 86.15 points, ending at 11,667.71 points.

 

Market capitalization increased by around LE 9.25 billion, reaching LE 2.281 trillion compared to LE 2.271 trillion in the previous session.

 

Trading volume totaled 1.09 billion shares across 100,333 transactions, with a turnover of LE 3.49 billion.

 

Egyptian investors were net buyers at LE 108.16 million, while Arab and foreign investors were net sellers at LE 11.08 million and LE 97.07 million, respectively.

 

Samad Misr -EGYFERT, Arab Valves Company, and Cairo Poultry were the top gainers of the session, each rising by 20 percent, 19.49 percent, and 9.71 percent, respectively.

 

On the other hand, Alexandria New Medical Center, Golden Coast Company, and Nozha International Hospital were the top losers, declining by 4.94 percent, 4.72 percent, and 4.71 percent, respectively.