CAIRO - 18 May 2023: The Egyptian Exchange (EGX) closed the week with a semi-collective decline, seeing all but one index in the red ahead of the CBE’s Monetary Policy Meeting later today.
Benchmark index EGX 30 was down by 0.58 percent to end the session at 16,745.54 points, with EGX 70 dropping 0.43 percent to 2,962.04, and EGX 100 closing the session at a decline of 0.15 percent to 4,497.03 points.
EGX 50 was the only index in the green, gaining 0.23 percent to close trading at 3035.19 points.
Today’s trading saw 402.9 million shares exchanged with a turnover of LE 1.785 billion.
Market capitalization was recorded at LE 1.092 trillion.
Trading on securities saw Egyptian investors as net sellers with LE 172.41 million. Arab and foreign investors were net buyers with LE 92.394 million and LE 80.02 million, respectively.
The top gains of the session were by North Cairo Mills which climbed by 13.84 percent, Medical Packaging Company by 5.71 percent, and Ibnsina Pharma by 5.31 percent.
The largest losses of the session were by Development & Engineering Consultants which fell by 9.86 percent, Egyptian Gulf Bank by 7.52 percent, and Remco for Touristic Villages Construction by 3.95 percent.
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