CAIRO – 27 March 2023: The Egyptian Exchange (EGX) ended Monday’s session in the red zone, losing around LE 2.37 billion of the market capitalization, amid Arab and foreign selling.
The benchmark EGX30 decreased 0.24 percent, or 39.09 points, to end at 15,950.09 points.
The equally weighted index EGX 50 decreased 0.72 percent, or 19.69 points, to end at 2,731.74 points.
The small and mid-cap index EGX 70 dropped 0.89 percent, or 25.28809 points, to close at 2,835.75 points, and the broader index EGX 100 dipped 0.78 percent, or 32.88 points, at 4,184.29 points.
Market capitalization lost around LE 2.37 billion, recording LE 1.024 trillion, compared to LE 1.027 trillion in Sunday’s session.
The trading volume reached 406.85 million shares, traded through 65,128 transactions, with a turnover of LE 2.02 billion.
Egyptian investors were net buyers at LE 434.7 million, while Arab and foreign investors were net sellers at LE 363.48 million, and LE 71.22 million, respectively.
Eastern Company, International Agricultural Products, and Juhayna Food Industries were top gainers of the session at 7.40 percent, 7.13 percent and 6.25 percent, respectively.
Meanwhile, Golden Textiles & Clothes Wool, Sharm Dreams Co. for Tourism Investment, and Credit Agricole Egypt were top losers of the session by 11.61 percent, 6.05 percent, and 5.95 percent, respectively.