EGX Gains EGP 3.2 Bln in First Session of May

EGX Gains EGP 3.2 Bln in May's 1st Session

The Egyptian Stock Exchange (EGX) indices showed mixed performance at the end of the trading session on Tuesday, the first session in May, as the main index declined marginally under pressure from leading stocks, while the EGX70 and EGX 100 indices rose amid local sales, Arab and foreign purchases.

The benchmark EGX 30 index of the Egyptian Stock Exchange declined by 0.09% to close at 10465 points, while the “EGX 50” index rose 0.58% to close at 2054 points.

The broader “EGX 70 EWI” of leading small and medium-sized companies increased by 2.06% to close at 2101 points, and the all-embracing “EGX 100” index rose by 1.35% to close at 3014 points.

The market cap rose by EGP 3.2 billion, to close at EGP 653.982 billion.

The foreign and Arab investors purchased shares worth EGP 2.8 million and EGP 6.44 million, respectively, while the Egyptians traders sold shares worth EGP 9.27 million.

During today’s trading, the value of trading on the listed shares amounted to EGP 789.874 million, through 316.40 million shares, and turnover of 30.948 thousand transactions.