Home StocksEGX Egyptian Exchange Loses EGP 1.35 Bln; OTH Ends 1.35% Down

Egyptian Exchange Loses EGP 1.35 Bln; OTH Ends 1.35% Down

by Yomna Yasser

The Egyptian Exchange (EGX) had on Sunday’s closing posted losses of EGP 1.35 billion  as the capital market has reached EGP 324.712 billion.

The main index, EGX30 tumbled 0.39% to close at 4471.83 p.  EGX20 shed 0.36% to end at 5050.28 p.

Meanwhile, the mid- and small-cap index, the EGX70 went down 0.06% to conclude at 397.34 p. Price index EGX100 edged down 0.35% to finish at 696.6 p.

Traded volume reached 26.417 million securities worth EGP 81.018 million, exchanged through 7.054 thousand transactions.

This was after trading in 147 listed securities; 68 declined and 50 advanced while 29 keeping their previous levels.

Egyptians and non-Arab Foreigners were net sellers seizing 96.51% and 3.05% respectively, of the total markets, with a net equity of EGP 1.053 million and EGP 1.702 million excluding the deals.

On the other hand, Arabs were net buyers seizing 0.44% of the total markets, with a net equity of EGP 2.755 million excluding the deals.

EGX’s leading shares witnessed collective downwards led by the shares owned by Orascom Telecom Holding (OTH) (ORTE.CA) sank 1.35% reaching EGP 2.92. EFG-Hermes Holding (HRHO.CA) tumbled 0.85% reaching EGP 10.54. Orascom Telecom Media & Technology Holding (OTMT.CA) also edged down 0.81% reaching EGP 1.22.

Shares of Orascom Construction Industries (OCIC.CA) inched lower 0.43% hitting EGP 248. Shares of Commercial International Bank- Egypt (COMI.CA) went down 0.29% hitting EGP 24.22.

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