The banking sector ends EGX trading session on Monday, 30 January with increase in the market cap by 0.80% or

Egypt’s banking sector performance on EGX at Monday’s closing session

1/30/2023 4:20:51 PM

The banking sector ends EGX trading session on Monday, 30 January with increase in the market cap by 0.80% or EGP 281.110 billion compared to EGP 278.872 billion at the end of Sunday session

The market cap of the banking sector reached 27.18% of the total EGX market cap, which is considered the highest percentage among the sectors listed on the Egyptian Stock Exchange

The turnover on banking sector shares amounted to EGP 601.163 million which represents 20.66% of the total trading volume today after 16.486 million shares were exchanged capturing 2.56% of the total trading volume today.

The indexes of the Egyptian Exchange (EGX) ended Monday’s trading session with a negative performance after the EGX30 main index levelled down by 2.21% to 17,026.64 points.

Furthermore, the EGX50 EWI plummeted by 2.46% to 2,912.35 points.

The small- and mid-cap EGX70 EWI as well as EGX100 EWI indices closed the session lower by 2.90% at 2,971.06 points and by 2.86% at 4,469.66 points, respectively.

The turnover reached EGP 2.90 billion after 643.15 million shares were exchanged during the session, whereas the market cap value stood at EGP 1.08 trillion.