EGX gained EGP 32 bln in the market gap Wednesday

Ahram Online , Thursday 8 Aug 2024

The Egyptian stock exchange ended its trading Wednesday with a collective rise in its indices, achieving market gains amounting to EGP 32 billion -- bringing the market capitalization to EGP 1.954 trillion -- compared to EGP 1.922 trillion at the close on Tuesday.

EGX

 

The EGX 30 benchmark index jumped by 1.48 percent, settling at 28,628.19 points.

The broader EGX 70 EWI index of the leading small and mid-cap enterprises (SMEs) increased by 2.39 percent, closing at 6,507.9 points.

The all-embracing EGX 100 index was up 2.10 percent, closing at 9,331.3 points. (MENA)

The new Sharia-compliant EGX33 increased by 1.39 percent to close at 2698.07 points.

The EGX introduced the Sharia-compliant index EGX 33 in June, with 33 companies, under Al-Azhar's supervision. 

Egyptians bought stocks with a net value of EGP 167.3 million, while foreigners and Arabs sold with a net value of EGP 140.8 million and EGP 26.5 million, respectively.

In July, EGX announced the launching of its stock exchange dialogue platform on its online portal.

The stock exchange's performance has improved compared to Monday when EGX lost EGP 56 billion in market cap. 

Short link: