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Jan 2 | EGX ends 2022’s 2nd session with mixed-performance

The EGX’s benchmark index, EGX 30 dipped its toe into the red by inching down 0.1%

By: Business Today Egypt

Mon, Jan. 3, 2022

In the 2nd ever trading session of 2022, the Egyptian Exchange (EGX) ended trading with contrasting indicators after its negative position from the inaugural session of 2022 yesterday.

The EGX’s benchmark index, EGX 30 dipped its toe into the red by inching down 0.1% to close at 11,897.4 points as the only index in the red today.

Other indices closed in the green with EGX 50 up by 0.82% to close at 2,125.32 points, EGX 70 gaining 1.17% to reach 2,269.63 points, and EGX 100 rising by 0.85% to 3,316.08 points.

The EGX market capitalization rose to EGP 766.82 billion from EGP 764.35 billion on Sunday’s session.

Total trading value was recorded at EGP 908.31 million after 379.58 million shares were exchanged, compared to EGP 617.74 million and 271.7 million shares last session.

As for trading on securities, Egyptian and Arab investors were net buyers with EGP 13 million and EGP 42.23 million, respectively, while foreign traders were net sellers with EGP 55.24 million.