Market capitalization hit EGP 689.05 billion, losing EGP 5.12 billion of market cap compared to yesterday’s EGP 694.17 billion
The Egyptian Exchange (EGX) maintained its red position at the end of today’s trading session, closing with a loss of EGP 5.12 billion in market capitalization.
Benchmark index EGX 30 continued its decline, dropping by 0.69% to close at 10,461.88 points, with EGX 50 retreating by 0.31% to 1,836.48 points.
EGX 70 inched downwards by 0.18% to 1,821.85 points, followed by EGX 100 by 0.30% to end the session at 2,758.37 points.
Turnover reached EGP 4.72 billion after 239.32 million shares had been exchanged through 31,221 transactions.
Market capitalization hit EGP 689.05 billion, losing EGP 5.12 billion of market cap compared to yesterday’s EGP 694.17 billion.
Egyptian investors were net buyers with EGP 1.66 billion, while Arab and foreign traders were net sellers with EGP 74.73 million and EGP 1.58 billion, respectively.
Top gains of the session were by Canal Shipping Agencies which saw a 6.32% climb, Export Development Bank of Egypt (EDBE) by 5.22%, El Arabia Engineering Industries also by 5.22%, Egyptian Transport (EGYTRANS) by 5.2%, and Delta Construction & Rebuilding by 4.35%.
Top losses of the session were by Societe Arabe Internationale De Banque (SAIB) by 16.25%, Osool ESB Securities Brokerage by 14.52%, Misr Duty Free Shops by 7.71%, Qatar National Bank Alahly by 5.61%, and El Nasr For Manufacturing Agricultural Crops by 5%.
