Home StocksEGX EGX closes in dark red on Feb. 25

EGX closes in dark red on Feb. 25

by Aya Anwar

Egypt’s stock exchange (EGX) closed mixed on Sunday, with the main index, EGX30 diving by 5.01 per cent, to 27,840.86 points.

The small to mid-size enterprises’ index, EGX70 slid by 3.95 per cent, to 7,544.15 points.

The index, EGX100 index declined by 3.81 per cent, to 10,403.62 points.

The total market cap reached 1,973,706,198,761 Egyptian pounds.

Arabs and non-Arabs foreigners transactions were mainly selling with a total of 184,418,850 Egyptian pounds, and 181,657,107 Egyptian pounds, respectively. Meanwhile, the Egyptians were net buyers with 366,075,956 Egyptian pounds.

Top gainers on Sunday

The shares of TMG Holding (TMGH.CA) soared by 20.00 per cent, to close at the price of 56.520 Egyptian pounds a share following its announcement of a collaboration with UAE’s ADQ and Modon Properties to implement a new mega project in Ras Al Hekma, 450km northwest Cairo.

The shares of Orascom Construction PLC (ORAS.CA) climbed by 20.00 per cent, to trade at the price of 237.670 Egyptian pounds a share.

The shares of Edita Food Industries S.A.E (EFID.CA) jumped by 19.98 per cent, to the purchasing price of 43.050 Egyptian pounds a share.

Top losers on Sunday

The shares of Alexandria Containers and Goods (ALCN.CA) fell by 20.00 per cent, to close at 48.840 Egyptian pounds a share.

The shares of Abou Kir Fertilizers (ABUK.CA) declined by 19.85 per cent, to close at 72.790 Egyptian pounds a share.

The shares of Sidi Kerir Petrochemicals – SIDPEC (SKPC.CA) dropped by 19.49 per cent, to close at the price of 31.730 Egyptian pounds a share.

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