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Nov 20 | EGX rides green streak into 5th day with added EGP 2.18B to market cap

Today’s trading saw 640.25 million shares exchanged over 64,228 transactions with a turnover of EGP 1.43 billion

By: Business Today Egypt

Sun, Nov. 20, 2022

The Egyptian Exchange (EGX) started the week on a positive note, adding EGP 2.18 billion to market cap.

Benchmark index EGX 30 was up by 0.06% to close trading at 12,523.84 points, with EGX 50 climbing by 0.11% to 2,188.12 points.

EGX 70 saw an incline of 0.84% to close at 2,408.41 points, while EGX 100 hiked by 0.56% to end the session at 3,502.23 points.

Today’s trading saw 640.25 million shares exchanged over 64,228 transactions with a turnover of EGP 1.43 billion.

Market capitalization was recorded at EGP 823.92 billion, an additional EGP 2.18 billion compared to Thursday’s EGP 821.74 billion.

Trading on securities saw Egyptian and foreign investors as net buys with EGP 86.94 million and EGP 35 million, respectively. Arab investors were net sellers with EGP 121.94 million.

The top gains of the session were by National Real Estate Bank for Development which surged in value by 19.85%, Gadwa for Industrial Development by 18.62%, and Middle Egypt Flour Mills by 17.52%.

The largest losses were by Sabaa International Company for Pharmaceutical and Chemical which dropped by 5.35%, Ismailia Development and Real Estate Co by 4.99%, and Egyptian Real Estate Group by 4.96%.