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Aug 8 | EGX sees indices split but adds EGP 1.3B to market cap.

Today’s market capitalization was recorded at EGP 668.29 billion by the end of the session, losing EGP 1.3 billion compared to yesterday’s EGP 669.59 billion

By: Business Today Egypt

Mon, Aug. 8, 2022

The Egyptian Exchange (EGX) ended today’s trading with mixed performance, adding EGP 1.3 billion to the market cap.

Benchmark index EGX 30 inched downwards by 0.75 % to close the session at 10047.71 points, with EGX 50 following suit with a drop of 0.37% to end at 1822.72 points.

EGX 70 was up by 1.08% to end the session at 2011.06 points, with EGX 100 also in the green by 0.49% to close trading at 2938 points.

Trading volume for today’s session was EGP 982.43 million through 65,288 transactions, with trading value recorded at EGP 3.08 million.

Today’s market capitalization was recorded at EGP 668.29 billion by the end of the session, losing EGP 1.3 billion compared to yesterday’s EGP 669.59 billion.

Egyptian investors were net buyers today with EGP 352 million, while foreign and Arab investors were net sellers with EGP 328.21 million and EGP 23.79 million, respectively.

It was a buying day for individual investors; Egyptian individuals were net buyers with EGP 40.16 million, Arabs bought at EGP 26.58 million, and foreign individuals bought at EGP 23.96 million.

Foreign organizations were net sellers with EGP 352.18 million alongside Arab organizations selling at EGP 50.38 million. Egyptian organizations bought at EGP 311.84 million.

The top gains of the session were by El Obour Real Estate Investment which climbed by 19.91%, Lecico Egypt by 12.46%, and International Co for Investment & Development by 10.67%.

The top losses of the session were by Wadi Kom Ombo Land Reclamation which dropped by 5.42%, Ibnsina Pharma by 4.89%, and Cairo for Investment And Real Estate Development by 4.76%.