EGX closes on green note on Jan. 24

Egypt’s stock market closed in the green on Wednesday. The main index EGX30 rose by 0.29 per cent to 27,666.18 points, while the small to mid-sized enterprises’ index, EGX70, climbed by 1.33 per cent to 6,584 points, and EGX100 jumped by 1.11 per cent to 9,319.83 points.

The market cap reached 1,971,641,714,636 Egyptian pounds.

The Arabs’ and Non-Arab Foreigners’ transactions leaned towards buying with a net value of 172,852,417 Egyptian pounds, and 70,206,202 Egyptian pounds, respectively.

Meanwhile, the Egyptians’ transactions went with selling with 243,058,619 Egyptian pounds.

Top gainers on Wednesday

The shares of Ismailia National Food Industries – FOODICO (INFI.CA) rose by 19.99 per cent, to trade at 79.770 Egyptian pounds a share.

The shares of Electro Cable Co – Egypt (ELEC.CA) climbed by 19.96 per cent, 2.554 Egyptian pounds a share.

The shares of Arab Developers Holding (ARAB.CA) soared by 17.00 per cent, to close at 1.597 Egyptian pounds a share.

Top losers on Wednesday

The shares of AJWA for Food Industries Company Egypt (AJWA.CA) declined by 14.45 per cent, to close at 64.890 Egyptian pounds a share.

The shares of Development & Engineering Consultants (DAPH.CA) dropped by 7.25 per cent, to close at 46.550 Egyptian pounds a share.

The shares of Egyptian Iron and Steel (IRON.CA) fell by 4.98 per cent, to close at 15.440 Egyptian pounds a share.