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Amid Egyptian and foreign buying EGX closes Monday in the green

Monday trading saw 587.46 million shares exchanged with a turnover of EGP 2.71 million

By: Business Today Egypt

Mon, Jun. 10, 2024

Returning to the green after starting the week in the negative, the Egyptian Exchange (EGX) pulled itself up with benchmark index EGX 30 seeing an uptick of 0.93% to 25,896.56 points on Monday.

EGX 70 was up by 0.79% to 5,676.81 points, followed by EGX 100 which climbed by 0.95% to end the session at 8,233.26 points.

Monday trading saw 587.46 million shares exchanged with a turnover of EGP 2.71 million.

Market capitalization was recorded at EGP 1.752 trillion.

Trading on securities reported Egyptian and foreign traders as net buyers with EGP 254.45 million and EGP 119.45 million, respectively. Arab investors were net sellers with EGP 373.90 million.

The top gains of the session were by Pioneers Properties for Urban Development (PREDCO) which climbed by 10%, Lecico Egypt by 8.22%, and Speed Medical by 7.91%.

The largest losses of the session were by Egyptian Gulf Marseilia For Real Estate Investment which dropped by 18.69%, Egyptians For Investment & Urban Development by 18.01%, and Minapharm Pharmaceuticals by 10.8%.