EGX earns L.E3.5 billion, EGX30 nears 4800p Session Beginning

The EGX has managed to earn L.E3.5 billion at the beginning of the trading process on Sunday – the first session of the week. As a result, the market capital of the listed stocks has reached around L.E350.274 billion.

EGX30 has witnessed a rise of %0.83 reaching 4793p, while EGX20 has witnessed a decline of %0.24 reaching 5.361p. In addition, EGX70 has witnessed a rise of %0.20 reaching 453.26p; the EGX100 has witnessed a slide valued at %0.50 reaching 755.25p.

The market has recorded an amount of trading valued at L.E5.046 million through a volume of trading amounted to 2.342 million shares for the 351 thousand transactions.

This was after trading in 46 listed securities; 34 rose and 6 diminished while the value of the rest (6 securities) remained fixed.

The EGX30’s rise has affected the Egyptians’ purchasing approach after attaining an amount of %80.79 of the total market valued at L.E3.113 million.

On the other hand, foreigner investors have inclined towards selling after attaining an amount of %6.43 of the total market with L.E974.9 thousand marking the difference between the selling and purchasing processes.

Arab investors have also inclined towards selling after attaining an amount of %12.77 of the total market with L.E2.139 million marking the difference between the selling and purchasing processes.

The leading shares have recorded significant rise except Orascom Construction Industries (OCIC) whose shares slid around %0.01 reaching L.E251.02. This significant rise has led by Orascom Telecom Media & Technology Holding (OTMT) which has witnessed a rise of %9.77 reaching L.E4.38. Then EFG-Hermes Holding (HRHO) comes next for witnessing a rise of %3.66 reaching L.E11.88. The Commercial International Bank- Egypt (COMI) has witnessed a rise of %0.53 reaching L.E22.72.

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