The Egyptian Exchange (EGX) closed Sunday in negative territory, shedding approximately EGP 77.32 billion in market capitalization due to Arab selling.
The EGX30 benchmark fell by 4.93%, or 1,277.96 points, finishing at 24,639.63 points.
The EGX 70 index for small and mid-cap stocks decreased by 4.72%, or 282.98 points, to settle at 5,714.19 points.
Similarly, the EGX 100 broader index declined by 4.84%, or 412.27 points, closing at 8,097.97 points.
The market capitalization dropped by about EGP 77.32 billion, reaching EGP 1.691 trillion, compared to EGP 1.768 trillion in Wednesday's session, with Thursday, April 25, being a public holiday for Sinai Liberation Day.
Trading volume amounted to 697.266 million shares, traded through 90,103 transactions, with a turnover of EGP 2.29 billion.
Arab investors were net sellers at EGP 32.73 million, while Egyptian and foreign investors were net buyers at EGP 21.04 million and EGP 11.68 million, respectively.
Taaleem Management Services, Wadi Kom Ombo Land Reclamation, and CI Capital Holding for Financial Investments were the top gainers of the session, rising by 7.94%, 6.08%, and 4.52%, respectively.
On the other hand, Egyptian Financial & Industrial, Egyptian Kuwaiti Holding-EGP, and Development & Engineering Consultants were the top losers of the session, declining by 15.51%, 13.76%, and 12.98%, respectively.
