First Day of September Stock Market Trading Reports Positive Trend Amid Arab BuyingSource: www.export-egypt.com 9/1/2024, Location: Africa |
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The Egyptian Exchanged (EGX) kicked off September trading by starting the month off in the green, closing with a market capitalization of LE 2.116 trillion.
Benchmark index EGX 30 closed the session with an increase of 0.42 percent to reach 30,902.88 points, while the Shariah index surged by 1.46 percent at 2,959.11 points. EGX 70 was up by 0.92 percent to end the session at 7,141.2 points, followed by EGX 100 with a climb of 0.95 percent to 10,244.91 points. trading saw the exchange of 1.209 billion shares, recording a turnover of LE 12.194 billion. Trading on securities saw Egyptian and foreign traders as net sellers with LE 74.47 million and LE 26.96 million, respectively. Arab investors were net buyers with LE 101.43 million. The top gains of the session were by Samad Misr – EGYFERT which was up by 11.06 percent, Dice Sport & Casual Wear by 10.6 percent, and Development & Engineering Consultants by 9.41 percent. The largest losses of the session were by Alexandria Spinning & Weaving (SPINALEX) which dropped by 7.29 percent, Misr Beni Suef Cement by 6.9 percent, and Misr Duty Free Shops by 5.87 percent. |
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