July 27| EGX ends session with mixed performance, adding EGP 9.87B to market cap.

The EGX30 benchmark index declined by 0.33%, or 57.18 points, closing at 17,339.06 points.

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Thu, Jul. 27, 2023

The Egyptian Exchange (EGX) concluded Thursday's trading with a mixed performance, contributing approximately EGP 9.87 billion to the market capitalization, supported by local buying.
 
The EGX30 benchmark index declined by 0.33%, or 57.18 points, closing at 17,339.06 points.
 
Similarly, the equally weighted index EGX 50 dropped by 0.45%, or 14.25 points, settling at 3,144.88 points.
 
On the other hand, the small and mid-cap index EGX 70 witnessed a growth of 1.70%, or 58.73 points, to finish at 3,516.56 points, while the broader index EGX 100 rose by 1.10%, or 56.45 points, reaching 5,171.05 points.
 
The market capitalization increased by approximately EGP 9.87 billion, reaching a total of EGP 1.179 trillion, in comparison to EGP 1.169 trillion recorded in the previous session on Wednesday.
 
Trading volume reached 1.09 billion shares, traded through 70,188 transactions, amounting to a total turnover of EGP 2.42 billion.
 
During the session, Egyptian investors were net buyers with EGP 123.3 million, while Arab and foreign investors were net sellers with EGP 66.55 million and EGP 56.75 million, respectively.
 
The top gainers in the session were Atlas for Investment and Food Industries, Prime Holding, and Giza General Contracting, with increases of 19.86%, 11.52%, and 10.47%, respectively.
 
Conversely, the top losers were Sabaa International Company for Pharmaceutical and Chemical, Speed Medical, and Cleopatra Hospital Company, experiencing declines of 6.71%, 4.94%, and 3.13%, respectively.
 
Trading was suspended on Thursday, July 20, and Sunday, July 23, in observance of the Islamic New Year and 23rd of July Revolution Holidays. Trading resumed on Monday, July 24.