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EGX ends Tuesday on mixed note, market cap. gains EGP5.08B

The EGX30 benchmark index increased by 0.17%, equivalent to 34.3 points, closing at 20,354.86 points.

Tue, Sep. 26, 2023

FILE - EGX

On Tuesday, the Egyptian Exchange (EGX) displayed a mixed performance, contributing approximately EGP 5.08 billion to the market capitalization, driven by Arab and foreign purchases.
 
The EGX30 benchmark index increased by 0.17%, equivalent to 34.3 points, closing at 20,354.86 points.
 
Conversely, the EGX 70, representing small and mid-cap stocks, experienced a 0.45% decline, or a loss of 16.99 points, ending the session at 3,795.65 points.
 
Similarly, the broader EGX 100 index dropped by 0.35%, or 20.14 points, to settle at 5,557.91 points.
 
The market capitalization saw a rise of nearly EGP 5.08 billion, reaching a total of EGP 1.381 trillion, compared to the EGP 1.376 trillion recorded in Monday's session.
 
Trading activity amounted to 625.2 million shares, traded via 80,574 transactions, with a total turnover of EGP 2.99 billion.
 
In terms of investor activity, Egyptian investors were net sellers at EGP 311.88 million, whereas Arab and foreign investors were net buyers, contributing EGP 201.49 million and EGP 110.39 million, respectively.
 
Top performers in the session included Delta for Printing & Packaging, Samad Misr - EGYFERT, and Egyptian Media Production City, with gains of 20%, 18.44%, and 6.60%, respectively.
 
Conversely, Misr National Steel - Ataqa, Golden Coast Company, and Egyptian for Tourism Resorts were among the session's top decliners, experiencing losses of 5.19%, 4.86%, and 4.04%, respectively.