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EGX closes Thursday with mixed performance amid Egyptian buying

The Egyptian Exchange (EGX) ended its session on Thursday with a mixed performance amid Egyptian buying, reflecting local confidence 1 day after the new cabinet’s swearing-in ceremony

By: Business Today Egypt

Thu, Jul. 4, 2024

The Egyptian Exchange (EGX) ended its session on Thursday with a mixed performance amid Egyptian buying, reflecting local confidence 1 day after the new cabinet’s swearing-in ceremony.

Benchmark index EGX 30 rose by 0.73% to close Thursday trading with 28,364.79 points.

EGX 70 slipped by 0.2% to 6,222.96 points, followed by EGX 100 dipping by 0.07% to close with 9,057.92 points.

The Shariah index slipped by 0.52% to end the session at 2,768.98 points.

Thursday trading saw 1.297 billion shares exchanged with a turnover of EGP 3.251 billion over 96,345 trades.

Market capitalization was recorded at EGP 1.908 trillion.

Trading on securities saw Egyptian trades as net buyers with a net value of EGP 182.2 million. Foreign and Arab investors were net sellers with EGP 128.69 billion and EGP 53.59 million, respectively.

The top gains of the session were by Remco for Touristic Villages Construction which jumped by 4.99%, Egyptian Iron & Steel by 4.97%, and the Arab Ceramic CO.- Ceramica Remas by 4.93%.