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Dec.5 | EGX sees even split to close with mixed performance

On the other hand, EGX 70 was down by 0.58% to 2,653.62 points, while EGX 100 declined by 0.07% to end the session at 3,898.14 points

By: Business Today Egypt

Mon, Dec. 5, 2022

The Egyptian Exchange (EGX) saw an even split in terms of indices, adding EGP 10.15 billion to the market cap.

Benchmark index EGX 30 jumped by 1.77% to close the session at 14,327.77 points, with EGX 50 up by 0.6% to 2,423.13 points.

On the other hand, EGX 70 was down by 0.58% to 2,653.62 points, while EGX 100 declined by 0.07% to end the session at 3,898.14 points.

Today’s trading saw 1.22 billion shares exchanged over 93,797 trades and a turnover of EGP 2.9 billion.

Market capitalization reached EGP 924.11 billion, an additional EGP 10.15 billion compared to Sunday’s recorded EGP 913.96 billion.

Trading on securities saw Egyptian and Arab investors as net buyers with buys worth EGP 119.42 million and EGP 28.16 million, respectively. Foreign investors were net sellers with EGP 147.59 million.

The top gains of the session were Housing & Development Bank which climbed by 18.35%, Glaxo Smith Kline by 16.47%, and Golden Textiles & Clothes Wool by 12.74%.

The largest losses of the day were by El Obour Real Estate Investment which dropped by 7.96%, El Arabia Engineering Industries by 6.06%, and National Real Estate Bank for Development by 5.91%.