EGX ends week higher on April 23
Egypt’s stock market closed higher on Wednesday, with the benchmark EGX30 index rising 2.58 per cent to 31,640.22 points, led by broad-based sector gains ahead of Thursday’s market closure for Sinai Liberation Day.
The EGX70 index of small and mid-cap stocks rose 1.27 per cent to 9,227.49 points, while the EGX33, which tracks Shariah-compliant shares, gained 1.32 per cent to 3,257.39. The broader EGX100 index advanced 1.47 per cent to close at 12,607.04.
Market capitalisation reached 2.24 trillion Egyptian pounds.
Foreign investors were net buyers with 1.5 billion pounds in purchases, while Egyptian and Arab investors recorded net sales of 1.2 billion and 310 million pounds, respectively.
Top gainers
- Shares of Alexandria National Company for Financial Investment climbed by 13.32 per cent, to close at 26.200 Egyptian pounds a share.
- Shares of Gogreen for Agricultural Investment jumped by 13.08 per cent, to close at 1.470 Egyptian pounds a share.
- Shares of Alexandria New Medical Center surged by 12.18 per cent, to close at the price of 23.570 Egyptian pounds a share.
Top losers
- Shares of Golden Pyramids Plaza lost by 3.85 per cent, to close at the price of 1.000 Egyptian pounds a share.
- Shares of Cairo Poultry sank by 2.80 per cent, to trade at the price of 19.100 Egyptian pounds a share.
- Shares of Egyptian Transport (EGYTRANS) dived by 2.69 per cent, to the purchasing price of 6.140 Egyptian pounds a share.
Subediting: Y.Yasser