The Egyptian Exchange (EGX) closed Monday on a positive note, adding approximately EGP 73.26 billion to the market capitalization, driven by Arab and foreign purchases.
The benchmark EGX30 surged by 5.57%, or 1,371.65 points, closing at 26,011.28 points.
The small and mid-cap index EGX 70 saw a rise of 2.59%, or 148.2 points, ending at 5,862.39 points.
Additionally, the broader index EGX 100 increased by 3.43%, or 278.14 points, reaching 8,376.11 points.
The total market capitalization increased by approximately EGP 73.26 billion, reaching EGP 1.764 trillion, compared to EGP 1.691 trillion in Sunday’s session.
The trading volume amounted to 648.903 million shares, conducted through 87,572 transactions, with a turnover of EGP 2.76 billion.
Egyptian investors were net sellers at EGP 111.02 million, while Arab and foreign investors were net buyers at EGP 107.06 million and EGP 3.96 million, respectively.
Top gainers of the session included T M G Holding, Orascom Construction PLC, and GB Corp with gains of 13.73%, 12.82%, and 10.86%, respectively.
On the other hand, Samad Misr -EGYFERT, Alexandria Spinning & Weaving (SPINALEX), and Gulf Canadian Real Estate Investment Co. were the top losers of the session, with losses of 13.39%, 9.09%, and 4.97%, respectively.
