COOKIE NOTICE

We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by closing this message box or continuing to use our site. To find out more, including how to change your settings, see our Cookie Policy

May 30 | EGX closes trading with strong performance, market cap records EGP 1.13trn

Today’s trading saw 1.094 million shares exchanged with a turnover of EGP 3.205 billion

By: Business Today Egypt

Tue, May. 30, 2023

The Egyptian Exchange (EGX) displayed a strong performance during today’s trading to close well into the green zone amid Egyptian and Arab buying.

Benchmark index EGX 30 surged into the green by 1.88% to end the session at 17,354.59 points, followed by EGX 50 with a climb of 1.84% to 3,208.95 points

EGX 70 was up by 0.77% to close the session at 3,263.91 points, while EGX 100 jumped by 1.13% to end at 4,899.03 points.

Today’s trading saw 1.094 million shares exchanged with a turnover of EGP 3.205 billion.

Market capitalization was recorded at EGP 1.138 trillion.

Trading on securities saw Egyptian and Arab investors as net buyers with EGP 177.42 million and EGP 40.17 million, respectively. Foreign investors were net sellers with EGP 217.6 million.

The top gains of the session were by Middle Egypt Flour Mills which climbed by 12.29%, Alexandria Flour Mills by 11.2%, and Medical Packaging Company by 9.99%.

The largest losses of the day were by Northern Upper Egypt Development & Agricultural Production which fell by 5.33%, Egyptian Transport (EGYTRANS) by 3.86%, and AJWA for Food Industries company Egypt by 3.39%.