CAIRO – 3 July 2022: The Egyptian Exchange (EGX) ended Sunday’s session in the red zone, losing around LE 13.48 billion of market capitalization, amid Arab and foreign selling.
The benchmark EGX30 decreased 2.35 percent, or 216.72 points, to end at 9,008.89 points.
The equally weighted index EGX 50 dipped 1.81 percent, or 29.93 points, to end at 1,620.05 points.
The small and mid-cap index EGX 70 declined 1.27 percent, or 21.8 points, to close at 1,699.42 points, and the broader index EGX 100 dropped 1.56 percent, or 39.7 points, to close at 2,507.97 points.
Market capitalization lost around LE 13.48 billion, recording LE 608.48 billion, compared to LE 621.96 billion in Wednesday’s session.
Thursday, June 30, was an official holiday,on the occasion of the 30th June Revolution anniversary.
The trading volume reached 275.07 million shares, traded through 24,385 transactions, with a turnover of LE 556.88 million.
Egyptian investors were net buyers at LE 80.02 million, while Arab and foreign investors were net sellers at LE 60.63 million, and LE 19.39 million, respectively.
Arab and foreign individuals were net sellers at LE 54.28 million, and LE 1.02 million, respectively, while Egyptian individuals were buyers at LE 11.29 million.
Arab and foreign organizations sold at LE 6.35 million, and LE 18.37 million, respectively, while Egyptian organizations bought at LE 68.72 million.
General Silos & Storage, Cairo Pourtly, and Minapharm Pharmaceuticals were top gainers of the session at 9.11 percent, 7.25 percent and 5.88 percent, respectively.
Meanwhile, Ismailia National Food Industries, Speed Medical, and Qatar National Bank Alahly, were top losers of the session by 14.37 percent, 13.85 percent, and 9.19 percent, respectively.