EGX starts week strong on April 13

The Egyptian Exchange (EGX) opened the week on a positive note, with all major indices closing in the green during Sunday’s session.

The benchmark EGX30 index advanced by 1.18 per cent, finishing at 31,174.62 points. The EGX33 Shariah-compliant index also saw gains, rising 1.09 per cent to close at 3,220.01 points.

Meanwhile, the EGX70 index, which tracks small and mid-cap stocks, gained 1.74 per cent to 8,930.09 points. The broader EGX100 index added 1.67 per cent, ending the session at 12,293.28 points.

The total market capitalisation stood at approximately 2.2 trillion Egyptian pounds.

In terms of trading activity, Egyptian investors were net buyers, with purchases totaling 1.19 billion pounds. In contrast, Arab and foreign investors recorded net sales of 690.1 million pounds and 499.4 million pounds, respectively.

Top gainers

1. Shares of Prime Holding jumped by 20.00 per cent, to close at the price of 0.966 Egyptian pounds a share.
2. Shares of Raya Holding for Financial Investments climbed by 10.30 per cent, to trade at the price of 2.570 Egyptian pounds a share.
3. Shares of Cairo Poultry hiked by 7.27 per cent, to the purchasing price of 19.170 Egyptian pounds a share.

Top losers

1. Shares of Housing and Development Bank dived by 11.03 per cent, to close at 50.180 Egyptian pounds a share.
2. Shares of Alexandria National Company for Financial Investment sank by 3.57 per cent, to close at 19.690 Egyptian pounds a share.
3. Shares of Rights Issue of Al Tawfeek Leasing Company – A.T.LEASE -3 plummeted by 3.30 per cent, to close at the price of 0.967 Egyptian pounds a share.

Subediting: Y.Yasser