EGX ends week in green on March 27

The Egyptian Exchange (EGX) ended Thursday’s session on a positive note, with the benchmark EGX30 index climbing 0.89 per cent to reach 32,026.14 points.

The EGX33, which tracks Sharia-compliant stocks, gained 0.58 per cent, closing at 3,328.47 points. Meanwhile, the EGX70, representing small and medium-sized enterprises (SMEs), rose by 0.98 per cent to 9,046.54 points.

The broader EGX100 index also saw a solid increase, adding 0.97 per cent to finish at 12,462.04 points.

Egypt’s total market capitalisation stood at 2.25 trillion Egyptian pounds.

In terms of investor activity, Arab and non-Arab foreign investors were net buyers, with purchases totaling 394 million Egyptian pounds and 15 billion pounds, respectively. On the other hand, Egyptian investors were net sellers, with a total selling value of 15.4 billion pounds.

Top gainers 

1. Shares of Iron And Steel for Mines and Quarries jumped by 10.51 per cent to close at 6.100 Egyptian pounds a share.
2. Shares of Samad Misr –EGYFERT climbed by 9.39 per cent, closing at 102.380 Egyptian pounds a share.
3. Shares of Development and Engineering Consultants surged by 9.27 per cent, to close at 58.480 Egyptian pounds a share.

Top losers 

1. Shares of Concrete Fashion Group for Commercial and Industrial Investment dived by 5.61 per cent, closing at 0.101 Egyptian pounds a share.
2. Shares of El Obour Real Estate Investment sank by 4.82 to close at 10.850 Egyptian pounds.
3. Shares of October Pharma slid by 4.25 per cent to, closing at 102.820 Egyptian pounds.

Subediting: Y.Yasser