During Thursday’s session, the Egyptian Exchange (EGX) saw an uptick, with approximately EGP 32.14 billion added to the market capitalization, driven by local buying.
The benchmark EGX30 surged by 2.04%, or 568.94 points, closing at 28,506.16 points.
The small and mid-cap index EGX 70 increased by 1.79%, or 113.9 points, ending at 6,480.79 points.
The broader index EGX 100 went up by 1.86%, or 168.48 points, reaching 9,229.47 points.
Market capitalization witnessed an increase of around EGP 32.14 billion, reaching EGP 1.906 trillion, compared to EGP 1.874 trillion in Wednesday’s session.
The trading volume amounted to 689.35 million shares, conducted through 92,983 transactions, with a turnover of EGP 3.19 billion.
Egyptian investors were net buyers at EGP 188.71 million, while Arab and foreign investors were net sellers at EGP 139.01 million and EGP 49.69 million, respectively.
Misr National Steel - Ataqa, Iron and Steel for Mines and Quarries, and Cairo Oils & Soap emerged as the top gainers of the session, with gains of 11.83%, 11.44%, and 9.31%, respectively.
On the other hand, Rakta Paper Manufacturing, Arab Polvara Spinning and Weaving Co., and National Housing for Professional Syndicates were among the top losers, declining by 4.57%, 4.02%, and 2.65%, respectively.
