Market capitalization lost around EGP 2.62 billion, recording EGP 630.8 billion, compared to EGP 633.43 billion in Sunday’s session
The Egyptian Exchange (EGX) is stating the month of August on the red foot, losing around EGP 2.62 billion of market capitalization, amid foreign selling.
The benchmark EGX30 decreased 0.46%, or 43.98 points, to end at 9,423.1 points.
The equally weighted index EGX 50 dipped 0.75%, or 12.97 points, to end at 1,710.43 points.
Moreover, the small and mid-cap index EGX 70 dropped 1.66%, or 30.93 points, to close at 1,837.37 points, and the broader index EGX 100 inched down 1.29%, or 35.15 points, at 2,699.7 points.
Market capitalization lost around EGP 2.62 billion, recording EGP 630.8 billion, compared to EGP 633.43 billion in Sunday’s session.
The trading volume reached 437.9 million shares, traded through 38,836 transactions, with a turnover of EGP 1.1 billion.
Foreign investors were net sellers at EGP 126.48 million, while Egyptian and Arab investors were net buyers at EGP 109.86 million, and EGP 16.62 million, respectively.
Egyptian and foreign individuals were net sellers at EGP 8.28 million, and EGP 1.07 million, respectively, while Arab individuals were buyers EGP 3.9 million.
Egyptian and Arab organizations bought at EGP 118.14 million, and EGP 12.72 million, respectively, while foreign organizations sold at EGP 125.41 million.
Integrated Diagnostics Holdings plc, General Silos & Storage, and Northern Upper Egypt Development & Agricultural Production were top gainers of the session at 4.51%, 2.68% and 2.56%, respectively.
Meanwhile, Delta Construction & Rebuilding, Development & Engineering Consultants, and B Investments Holding were top losers of the session by 6.67%, 6.38%, and 5.95%, respectively.
