Jan 18 | EGX inches its way to the green, adds LE 2.32B to market cap

The trading volume reached 163.74 million shares, traded through 28,631 transactions, with a turnover of LE 633.49 million

By: Business Today Egypt

Tue, Jan. 18, 2022

Making its way into the green zone, the Egyptian Exchange (EGX) ended its mid-week session by adding around LE 2.32 billion to market capitalization amid Egyptian purchases.

The EGX’s benchmark, EGX 30 rose 0.15 percent, or 17.32 points, to end at 11,876.44 points, while EGX 50 inched up 0.90 percent, or 18.62 points, to end at 2,078.19 points.

The small and mid-cap index EGX 70 climbed 1.05 percent, or 23.09 points, to close at 2,218.72 points, and the broader index EGX100 hiked 1.01 percent, or 32.44 points, to close at 3,259.48 points.

Market capitalization gained around LE 2.32 million, recording LE 762.75 billion, compared to LE 760.43  billion in Monday’s session.

The trading volume reached 163.74 million shares, traded through 28,631 transactions, with a turnover of LE 633.49 million.

Arab, and foreign investors were net sellers at LE 31.66 million, and LE 57.16 million, respectively, while Egyptian investors were net buyers at LE 88.82 million.

Arab and foreign individuals were net sellers at LE 17.94 million, and LE 2.27 million, respectively, while Egyptian individuals were net buyers at LE 5.08 million.

Arab and foreign organizations sold at LE 13.72 million, and LE 54.88 million, respectively, while Egyptian organizations bought at LE 83.74 million.

TransOceans Tours, Ceramic & Porcelain, and Egyptian for Tourism Resorts were top gainers of the session at 15 percent, 6.82 percent and 6.06 percent, respectively.

Meanwhile, El Obour Real Estate Investment, Rakta Paper Manufacturing, and Al Arafa for Investment and Consultancies were top losers of the session by 5.60 percent, 5.24 percent, and 4.67 percent, respectively.