CAIRO – 30 April 2023: The Egyptian Exchange (EGX) ended Sunday’s session in the red zone, losing around LE 8.57 billion of the market capitalization, amid Arab and foreign selling.
The benchmark EGX30 dropped 0.73 percent, or 129.17 points, to end at 17,667.74 points.
The equally weighted index EGX 50 dipped 1.08 percent, or 34.18 points, to end at 2,126.87 points.
The small and mid-cap index EGX 70 decreased 0.78 percent, or 23.87 points, to close at 3,051.06 points, and the broader index EGX 100 declined 0.91 percent, or 42.7 points, at 4,631.84 points.
Market capitalization lost around LE 8.57 billion, recording LE 1.139 trillion, compared to LE 1.148 trillion in Thursday’s session.
The trading volume reached 751.55 million shares, traded through 101,985 transactions, with a turnover of LE 2.89 billion.
Egyptian investors were net buyers at LE 129.81 million, while Arab and foreign investors were net buyers at LE 31.54 million, and LE 98.27 million, respectively.
Cairo Pharmaceuticals, Arabian Food Industries DOMTY, and Six of October Development & Investment (SODIC) were top gainers of the session at 6.47 percent, 5.81 percent and 5.54 percent, respectively.
Meanwhile, International Co for Investment & Development, Contact Financial Holding, and Egyptian Gulf Marseilia for Real Estate Investment were top losers of the session by 7.52 percent, 5.41 percent, and 4.90 percent, respectively.
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