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Sept 25 | EGX sees even split of indices with EGP 0.13B market cap loss

Market capitalization was recorded at EGP 687.27 billion, losing EGP 0.13 billion compared to Thursday’s recorded EGP 687.40 billion

By: Business Today Egypt

Sun, Sep. 25, 2022

The Egyptian Exchange (EGX) started the week with mixed performance to end trading on an even split between indices.

Benchmark index EGX 30 was down by 0.38% to end with 9,895.04 points, while EGX 50 dropped by 0.23% to 1,895.93 points.

EGX 70 was up by 0.77% to 2,209.22 points, with EGX 100 following with an increase of 0.41% to 3,140.14 points.

Today’s trading volume reached 392.48 million shares through 37,277 transactions, with a turnover of EGP 725.14 million.

Market capitalization was recorded at EGP 687.27 billion, losing EGP 0.13 billion compared to Thursday’s recorded EGP 687.40 billion.

Trading on securities saw Arab and foreign traders as net sellers with EGP 31.72 million and EGP 2.16 million, respectively. Egyptian investors were net buyers with EGP 33.89 million.

The top gains of the session were by Ceramic & Porcelain which climbed by 13.06%, Universal For Paper and Packaging Materials by 12.94%, and Misr National Steel – Ataqa by 8.89%.

The biggest losses of the session were by Misr Duty Free Shops which dropped by 19.21%, Elsaeed Contracting & Real Estate Investment Company SCCD by 4.42%, and Golden Coast Company by 3.74%.