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EGX shows mixed performance Monday

The benchmark EGX30 dipped 0.05%, or 15.87 points, closing at 31,022.54 points.

Mon, Sep. 23, 2024

The Egyptian Exchange (EGX) concluded Monday’s session on a mixed note, with the market capitalization increasing by approximately EGP 3.46 billion amid local selling activity.
 
The benchmark EGX30 dipped 0.05%, or 15.87 points, closing at 31,022.54 points.
 
In contrast, the small and mid-cap index EGX 70 rose by 1.10%, or 79.55 points, to finish at 7,314.28 points.
 
The broader index, EGX 100, gained 0.79%, or 81.37 points, ending at 10,417.14 points.
 
Overall, market capitalization increased by around EGP 3.46 billion, reaching EGP 2.108 trillion compared to EGP 2.105 trillion in the previous session.
 
Trading volume totaled 985.89 million shares across 114,533 transactions, with a turnover of EGP 4.37 billion.
 
Egyptian investors were net sellers, offloading EGP 195.31 million, while Arab and foreign investors were net buyers, acquiring EGP 16.91 million and EGP 178.39 million, respectively.
 
Cairo Educational Services, Sinai Cement, and Delta for Printing & Packaging were the top gainers of the session, each rising by 20%, 20%, and 19.99%, respectively.
 
Conversely, El Ahram Co. for Printing and Packing, Arab Polvara Spinning & Weaving Co., and Osool ESB Securities Brokerage were the top losers, declining by 4.78%, 4.65%, and 4.51%, respectively.