EGX trades in green zone during Thursday

CAIRO – 21 July 2022: The Egyptian Exchange (EGX) ended Thursday’s session in the green zone, adding around LE 7.02 billion to market capitalization, amid Egyptian purchases.

The benchmark EGX30 increased 1.94 percent, or 177.09 points, to end at 9,289.81 points.

The equally weighted index EGX 50 hiked 2.44 percent, or 40.13 points, to end at 1,684.26 points.

The small and mid-cap index EGX 70 rose 2.39 percent, or 42.06 points, to close at 1,798.27 points, and the broader index EGX 100 climbed 2.40 percent, or 62.04 points, at 2,642.11 points.

Market capitalization gained around LE 7.02 billion, recording LE 622.67 billion, compared to LE 615.65 billion in Wednesday’s session.

The trading volume reached 530.4 million shares, traded through 42,212 transactions, with a turnover of LE 974.69 million.

Egyptian investors were net buyers at LE 84.73 million, while Arab and foreign investors were net sellers at LE 10.1 million, and LE 74.63 million, respectively.

Egyptian and Arab individuals were net sellers at LE 56.75 million, and LE 2.3 million, respectively, while foreign individuals were buyers at LE 1 million.

Arab and foreign organizations sold at LE 7.8 million, and LE 75.63 million, respectively, while Egyptian organizations bought at LE 141.48 million.

Extracted Oils, Egyptian for Tourism Resorts, and the Arab Dairy Products Co. Arab Dairy – Panda were top gainers of the session at 15.07 percent, 11.12 percent and 11.08 percent, respectively.

Meanwhile, Integrated Diagnostics Holdings plc, Osool ESB Securities Brokerage, and GlaxoSmithKline were top losers of the session by 19.74 percent, 7.32 percent, and 4.01 percent, respectively.

Source: Egypt Today Magazine

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