Market capitalization closed trading at EGP 691.24 billion, adding around EGP 0.42 billion compared to yesterday’s closing value of EGP 690.82 billion
The Egyptian Exchange (EGX) is closing the week with mixed feelings (and performance), adding around EGP 0.42 billion in market capitalization, as traders await the MPC’s announcement on interest rates.
Benchmark EGX 30 was the only index to make it into the green today, inching upwards by 0.79% to close trading at 10,549.97 points.
EGX 50 stepped down by 0.43% to settle at 1,832.09 points, with EGX 70 tumbling by 0.64% to 1,832.65 points, while EGX100 EWI inched down by 0.54% to end the session at 2,768.86 points.
Today’s turnover amounted to EGP 1.78 billion after 297.03 million shares had been traded through 29,751 transactions.
Market capitalization closed trading at EGP 691.24 billion, losing around EGP 0.42 billion compared to yesterday’s closing value of EGP 690.82 billion.
Egyptian and Arab investors were net sellers with EGP 18.73 million and EGP 15.80 million, respectively, while foreign traders were net buyers with EGP 34.53 million.
Top gains of the session were by Grand Investment Capital by 7.40%, Arab Co. for Asset Management And Development by 4.28%, Commercial International Bank (Egypt) by 2.9%, Orascom Construction PLC by 2.89%, and Egyptian Kuwaiti Holding-EGP by 2.86%.
Top losses of the session were by Ismailia National Food Industries by 7.69%, El Wadi For International and Investment Development by 4.49%, B Investments Holding by 4.44%, Maridive & oil services by 3.3%, and MM Group For Industry And International Trade by 3.29%.