Market capitalization was recorded at EGP 687.40 billion, adding 0.58 billion compared to Wednesday’s EGP 686.82 billion
The Egyptian Exchange (EGX) ended the week with mixed performance as traders and economists wait for the Central Bank to announces whether or not it will be hiking key policy rates.
Benchmark index EGX 30 was down by 0.23% to close the session at 9.933.05 points as the only index in the negative.
EGX 50 climbed 0.25% to end the week at 1.900.21 points, EGX 70 was up by 0.17% to 2.192.33 points while EGX 100 inched upwards by 0.14% to 3.127.17 points.
Today’s trading volume reached 398.78 million shares over 40,265 transactions and a turnover of EGP 821.17 billion.
Market capitalization was recorded at EGP 687.40 billion, adding 0.58 billion compared to Wednesday’s EGP 686.82 billion.
Trading on securities saw Egyptian and Arab investors as net buyers with EGP 71.80 million and EGP 880.76 million, respectively. Meanwhile, the foreign traders were net sellers with EGP 72.68 million.
The top gains of the session were by Raya Holding for Financial Investments which surged by 18.1%, Memphis Pharmaceuticals by 9.79%, and Arab Valves Company by 9.78%.
The largest losses of the session were by Gharbia Islamic Housing Development which fell by 6.81%, Medinet Nasr Housing by 4.58%, and Egyptian Kuwaiti Holding by 4.55%.