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Jan 24 | EGX adds EGP8B despite mixed performance

Today’s trading saw 465.17 million shares exchanged with a turnover of EGP 2.30 billion

By: Business Today Egypt

Tue, Jan. 24, 2023

The Egyptian Exchange (EGX) is sticking to its streak of mixed performance.

Benchmark index EGX 30 was up by 1.59% to close the session at 16,440.53 points, with EGX 50 climbing by 0.39% to 2,865.48 points and EGX 100 barely making it into the green by rising 0.08% to 4,457.84 points.

EGX 70 was the only index in the red, dropping by 0.05% to end at 2,982.03 points.

Today’s trading saw 465.17 million shares exchanged with a turnover of EGP 2.30 billion.

Market capitalization was recorded at EGP 1.063 trillion, around an additional EGP 8 billion compared to yesterday’s EGP 1.055 trillion.

Trading on securities saw Egyptian and foreign investors as net sellers with EGP 131.33 million and EGP 35.75 million, respectively. Meanwhile, the Arab investors were net buyers with EGP 167.08 million.

The top gains of the session were by Ismailia National Food Industries which rose by 11.59%, Asek Company for Mining (Ascom) by 8.72%, and Alexandria Spinning & Weaving (SPINALEX) by 7%.

The largest losses of the session were by Tanmiya for Real Estate Investment which dropped by 6.61%, Nasr Company for Civil Works by 6.39%, and Egyptian Transport (EGYTRANS) by 3.01%.