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Sept 12 | EGX remains in the red, market cap. closes at EGP 1.292trn

Benchmark index EGX 30 was down by 0.7% to end the session at 19,144.09 points. EGX 30 enjoyed several days of recording-breaking trading until yesterday’s drop

By: Business Today Egypt

Tue, Sep. 12, 2023

The Egyptian Exchange (EGX) continues yesterday’s trajectory with Tuesday trading closing in the red zone.

Benchmark index EGX 30 was down by 0.7% to end the session at 19,144.09 points. EGX 30 enjoyed several days of recording-breaking trading until yesterday’s drop.

EGX 70 declined by 0.49% to 3,778.39 points while EGX 100 dropped by 0.47% to close trading at 5,558.09 points.

Tuesday’s trading recorded 622.87 million shares exchanged with a turnover of EGP 2.1 billion.

Today’s market capitalization was recorded at EGP 1.292 trillion, falling from yesterday’s EGP 1.298 trillion.

Trading on securities saw Egyptian investors as net sellers with EGP 402.08 million. Foreign and Arab traders were net buyers with EGP 400.86 million and EGP 1.22 million, respectively.

The top gains of the session were by Rubex International for Plastic and Acrylic Manufacturing which surged by 14.29%, Egyptian for Tourism Resorts by 8.5%, and Samad Misr -EGYFERT by 7.22%.

The largest losses of the session were by Macro Group Pharmaceuticals -Macro Capital which fell by 6.11%, Memphis Pharmaceuticals by  5.36%, and ODIN Investments by 3.58%.