The Egyptian Stock Exchange
The Egyptian Stock Exchange
Weekly losses of 0.14% for the “EGX30” index
Cairo – Khaled Hosni
Published in: May 13, 2023: 01:38 PM GST
Last updated: May 13, 2023: 02:41 PM GST
Official data revealed that the total cash dividends for companies listed on the Egyptian Stock Exchange amounted to about 3.6 billion pounds during the first week of May.
The weekly report of the Egyptian Stock Exchange indicated that the total cash dividends for listed companies amounted to about 20.7 billion pounds from the beginning of this year until the May 7 session, distributed between 1.105 billion pounds during January trading, 2.304 billion pounds during February, and 1.996 billion pounds. One billion pounds, 11.733 billion pounds during the month of April, and 3.599 billion pounds as of May 7.
The Egyptian Stock Exchange ended its weekly dealings on a mixed note, as the main index, “EGX30”, recorded weekly losses of 0.14%, to end last week’s trading at 17270 points.
-The index of small and medium stocks, “EGX 70 of equal weights”, increased by 2.79%, to close at the level of 3061 points.
-The “EGX 100 equal weights” index recorded a growth of 2.65%, to close at 4,641 points. The “EGX30 Weighted” index rose by 0.45% to close at 20,744 points.
The market capitalization of the shares of listed companies gained about 12.5 billion pounds during last week’s sessions, to close at 1128 billion pounds, with a growth rate of 1.1%.
The market capital of the main index rose from 682.8 billion pounds to 685.3 billion pounds, with a growth rate of 0.4%, and the capital for the small and medium stock index jumped from 215.4 billion pounds to 221.7 billion pounds, with a growth rate of 2.9%.
In terms of sectors, the educational services sector topped 12 rising sectors with a growth rate of about 7.8%, followed by the basic resources sector by 7.1%, followed by the textiles and durable goods sector by 5.1%.
The health care and pharmaceutical sectors, and the tourism and entertainment sectors rose by 4.6% and 4.3%, respectively. The transportation and freight services sector jumped 2.7%, and the real estate sector increased by 1.5%.
The sectors of trade and distributors, contracting and engineering construction, paper and packaging materials, and non-banking financial services rose by 0.9%, and finally the services, industrial products and cars sector rose by 0.5%.
While 4 sectors declined, led by communications, media, and information technology, down by 1.6%, building materials, down by 1%, and banking, food, beverages, and tobacco, down by 0.8%.
