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May 8 | EGX in the green after long Eid-holiday

Benchmark index EGX 30 saw a climb of 0.61% at 11,114.74 points, while EGX 50 increased by 0.33% to close at 1,916.21 points

By: Business Today Egypt

Sun, May. 8, 2022

Reopening after the Eid holiday, and kicking off the first trading session of May, the Egyptian Exchange (EGX) saw a collective rise, closing the session with a market capitalization of EGP 718.47 billion.

Benchmark index EGX 30 saw a climb of 0.61% at 11,114.74 points, while EGX 50 increased by 0.33% to close at 1,916.21 points.

Small- and mid-cap EGX70 EWI rose 0.37% to end at 1,880.84 points, with EGX 100 up by 0.38% to close trading at 2,862.02 points.

The turnover amounted to EGP 2.30 billion after 326.81 million shares had been traded through 37,108 transactions.

EGX’s market capitalization value reached EGP 718.47 billion.

Egyptian traders were net buyers with EGP 1 billion, while the Arab and foreign investors were net buyers with EGP 4.66 million and EGP 1 billion, respectively.

Top gains of the session were by Universal For Paper and Packaging Materials (Unipack) which climbed 13.16%, Mansourah Poultry by 11.63%, Misr Chemical Industries by 8.77%, Faisal Islamic Bank of Egypt - In EGP by 8.5%, and Atlas For Investment and Food Industries by 8.4%.