Home StocksEGX EGX Loses EGP 3.8 Bln; Closing

EGX Loses EGP 3.8 Bln; Closing

by Amwal Al Ghad English

On Thursday’s closing session, the EGX lost EGP 3.8 billion as the capital market has amounted to EGP 348.488 billion.

The main index, EGX30 sank 1.31% to close at 4890.3 p. EGX20 inched lower 1.91% to close at 5624.67 p.

Meanwhile, the mid- and small-cap index, the EGX70 sagged 1.52% to close at 419.86 p. Price index EGX100 went down 0.89% to close at 771.1 p.

Traded volume reached 92.161 million securities worth EGP 373.367 million, exchanged through 22.356 thousand transactions.

This was after trading in 179 listed securities; 154 declined and 17 advanced while 8 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 74.86% and 4.46% respectively, of the total markets, with a net equity of EGP 29.145 million and EGP 7.092 million, excluding the deals.

On the other hand, non-Arab Foreigners were net sellers seizing 20.68%, with a net equity of EGP 36.238 million, excluding the deals.

EGX’s leading shares witnessed collective downwards led by Orascom Telecom Holding (OTH) (ORTE.CA) which dived 3.38% to finish at EGP 3.14.

EFG-Hermes Holding (HRHO.CA) which dived 2.98% to close EGP 11.73.  Orascom Telecom Media & Technology Holding (OTMT.CA) edged down 2.88% to conclude at EGP 1.35. Commercial International Bank- Egypt (COMI.CA) went down 1.35% to reach EGP 25.54.

Orascom Construction Industries (OCIC.CA) was the EGX’s top gainer went up 0.80% to conclude at EGP 275.90.

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