Egypt : EGX ends Wednesday in green, market cap. gains LE3.4B

  • 28 April 2022 / News / 62 / Fares RAHAHLIA


Egypt : EGX ends Wednesday in green, market cap. gains LE3.4B
CAIRO –  27 April 2022: The Egyptian Exchange (EGX) ended Wednesday's session in the green zone, adding around LE 3.4 billion to market capitalization, amid Egyptian and Arab purchases.
   
The benchmark EGX30 rose 0.34 percent, or 36.14 points, to end at 10,718.22 points.
   
The equally weighted index EGX 50 hiked 0.82 percent, or 15 points, to end at 1,852.26 points. 
  
The small and mid-cap index EGX 70 climbed 0.59 percent, or 10.7 points, to close at 1,824.03 points, and the broader index EGX 100 increased 0.64 percent, or 17.6 points, to close at 2,771.66 points.
 
Market capitalization gained around LE 3.4 billion, recording LE 697.5 billion, compared to LE 694.08 billion in Tuesday’s session.
 
The trading volume reached 250.87 million shares, traded through 27,900 transactions, with a turnover of LE 766.78 million.
 
 Foreign investors were net sellers at LE 170.72 million, while Egyptian and Arab investors were net buyers at LE 23.87 billion, and LE 146.85 million, respectively.
  
Arab and foreign individuals were net buyers at LE 4.05 million, and LE 1.92 million, respectively, while Egyptian individuals were net buyers at LE 32.09 million.
   
Egyptian and Arab organizations bought at LE 55.96 billion, and LE 142.8 million, respectively, while foreign organizations sold at LE 172.64 billion.
   
Egyptian Transport (EGYTRANS), Lecico Egypt, and Ismailia Development and Real Estate Co were top gainers of the session at 9.59 percent, 9.49 percent and 8.45 percent, respectively.
  
 Meanwhile, El Shams Housing & Urbanization, Misr Hotels, and Egyptians for Investment & Urban Development were top losers of the session by 8.03 percent, 7.43 percent, and 5.11 percent, respectively.
   
EGX was off on Sunday and Monday to mark Easter, the Sinai Liberation Day and Sham el Nessim holidays.

source: egypttoday

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