The Egyptian Exchange (EGX) commenced the week with a partial decline, shedding approximately EGP 3.35 billion in market capitalization, amidst selling pressure from Arab and foreign investors.
The EGX30 benchmark fell by 1.24%, or 354.5 points, closing at 28,151.66 points.
The broader EGX 100 index saw a slight decrease of 0.21%, or 19.13 points, settling at 9,210.34 points.
Conversely, the EGX 70 index, representing small and mid-cap stocks, edged up by 0.05%, or 3.49 points, concluding at 6,484.28 points.
The total market capitalization witnessed a decline of around EGP 3.35 billion, reaching EGP 1.902 trillion compared to EGP 1.906 trillion in the previous session.
Trading activity saw a volume of 661.7 million shares exchanged through 103,526 transactions, with a turnover of EGP 2.92 billion.
Egyptian investors netted purchases worth EGP 82.51 million, while Arab and foreign investors netted sales of EGP 74.38 million and EGP 8.13 million, respectively.
Top gainers for the session included Egypt Aluminum, Delta For Printing & Packaging, and Arab Aluminum, with gains of 17.30%, 11.40%, and 10.23%, respectively.
Meanwhile, Egyptian Gulf Marseilia for Real Estate Investment, T M G Holding, and Osool ESB Securities Brokerage were among the top losers for the session, witnessing declines of 12.43%, 6.62%, and 6.09%, respectively.
