Egypt: EGX ends Sunday's session in green zone
The Sharia-compliant index, EGX33 Shariah index, went up by 0.92% to 3,524.34 points.
Both the EGX70 index as well as the EGX100 index also ended the session higher by 1.68% at 10,298.03 points and by 1.50% at 13,937.27 points, respectively.
The turnover stood at EGP 6.314 billion through the exchange of 2.062 billion shares over 136,830 transactions, while market capitalization reached EGP 2.409 trillion.
Retail investors took over 62.82% of the total trading, while the institutions represented the remaining 37.17%.
Egyptian investors controlled 75.54% of trading transactions, whereas Arab and foreign traders accounted for 22.93% and 1.53%, respectively.
Arab investors were net sellers with EGP 1.167 billion. The Egyptian and foreign traders were buyers with EGP 1.149 billion and EGP 17.833 million, respectively.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
17 minutes ago
- Zawya
SCA refers licensed company to Public Prosecution, imposes fine of $1.36mln for misleading clients
The Securities and Commodities Authority (SCA) has imposed a record fine of AED5 million on a licensed company and referred the matter to the Public Prosecution, in a decisive move to safeguard market integrity and enforce regulatory compliance. The action follows confirmed violations of anti-money laundering (AML) laws, counter-terrorism financing regulations, and measures related to the funding of illicit organisations. An in-depth investigation revealed that the entity in question, in collaboration with an overseas company, engaged in deceptive practices targeting investors within the UAE by falsely suggesting that the foreign company was licensed by the Authority, with the intent of misappropriating client funds. The referral of the case to the competent judicial authorities underscores the Authority's unwavering commitment to transparency and to upholding the highest standards of regulatory compliance. By escalating the case to judicial authorities, the SCA reaffirmed its commitment to transparency, deterrence, and regulatory compliance, in line with international best practices. The SCA reiterated its strategic focus on proactive oversight, risk-based supervision, and strict compliance enforcement, all of which support the UAE's positioning as a trusted and competitive global financial hub.
Zawya
17 minutes ago
- Zawya
Lantania, MGC consortium lands $544mln Jubail desal plant contract
Spanish utility infrastructure group Lantania has announced that its consortium with Mutlaq Al Ghowairi Contracting Company (MGC), has secured a $544 million contract from Saudi Water Authority (SWA) to build the Jubail seawater reverse osmosis (SWRO) desalination plant in Saudi Arabia. As per the deal, Lantania and MGC will carry out the design, supply, construction, assembly and commissioning of the plant, as well as the seawater intake, outfall and all associated infrastructures. This is Lantania's third desalination plant order in Saudi Arabia. Already it has one of the reverse osmosis desalination plant projects under way at Ras Mohaisen with a 300,000 cu m/day. The Spanish group had in 2023 completed its first Saudi project at Jubail 3A, a seawater reverse osmosis desalination plant with a 600,000 cu m/day capacity of drinking water. The facility now caters to the needs of 1,600,000 inhabitants in the eastern provinces of Riyadh and Oassim.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
17 minutes ago
- Zawya
Queen Alia Airport records 4.4mln passengers in H1 2025
Queen Alia International Airport (QAIA) in Jordan served 4,406,690 passengers in the first half of 2025, marking a 6 per cent growth over H1 2024. This increase was fueled by the return of regional and European routes and heightened travel during Ramadan and Eid al-Fitr. However, QAIA experienced a 16.6 per cent decrease in June 2025 due to regional tensions and flight disruptions. In H1 2025, QAIA experienced a significant rebound in airline activity, with the resumption of services by several carriers and the introduction of new airlines and routes. The airport also saw a significant rebound in airline activity, with flyadeal and Ajet resumed operations, Royal Jordanian expanded its global network, and Libyan Wings and SunExpress commenced operations. A key sustainability milestone was the inauguration of the Shams al Mattar Lil-Taqa Solar Farm in April, which generates over 10.5 GWh of electricity annually and reduces approximately 12,000 tons of CO₂ emissions annually. In January, ground handlers Menzies Aviation and Aviation Handling Services opened a second 8,000 sqm air cargo facility, doubling QAIA's cargo handling capacity and creating new employment opportunities. QAIA's commitment to customer satisfaction was reaffirmed in March when it was named the 'Most Enjoyable Airport in the Middle East' for the second time, following the successful renewal of Level 3 of the ACI World Airport Customer Experience Accreditation in February. The airport also signed a strategic agreement with Extime JCDecaux Airport to deploy innovative and sustainable advertising solutions. The Airport International Group Foundation (AIGF) initiated a new round of vocational training courses via its 'Hirfati' training center, registering a 20 per cent increase in applications. Reflecting on the accomplishments of the past six months, Nicolas Deviller, Jordan Airport International Group CEO, stated, 'The first half of 2025 emphasises the enduring strength of QAIA as a vital national asset and a cornerstone of Jordan's air transport sector. In the face of regional adversity, we remained focused on growing our traffic and delivering impactful projects, innovative enhancements and passenger-centric services that uphold the highest international standards and shape QAIA into a welcoming airport that feels like home. With the steadfast support of our employees, partners and stakeholders, we are confident that the foundations laid during this period will drive success throughout the remainder of the year and beyond.' Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
