Home StocksEGX Egyptian Exchange Loses EGP 2.6 Billion; Monday Closing

Egyptian Exchange Loses EGP 2.6 Billion; Monday Closing

by Yomna Yasser

On Sunday’s closing, the EGX posted losses of EGP 2.6 billion as the capital market has amounted to EGP 340.952 billion.

The main index, EGX30 dived 1.79% to close at 4738.1 p. EGX20 inched lower 2.02% to end at 5486.59 p.

Meanwhile, the mid- and small-cap index, the EGX70 edged down 0.20% to conclude at 414.63 p. Price index EGX100 went down 1.66% to finish at 750.96 p.

Traded volume reached 66.750 million securities worth EGP 240.735 million, exchanged through 15.821 thousand transactions.

This was after trading in 160 listed securities; 92 declined and 45 advanced while 23 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 83.89% and 2.99% respectively, of the total markets, with a net equity of EGP 15.047 million and EGP 9.896 million, excluding the deals.

On the other hand, non-Arab Foreigners were net sellers seizing 13.12% of the total markets, with a net equity of EGP 24.943 million excluding the deals.

EGX’s leading shares witnessed collective downwards led by Orascom Telecom Holding (OTH) (ORTE.CA) which dived 2.50% concluding at EGP 3.20. Commercial International Bank- Egypt (COMI.CA) went down 2.19% ending at EGP 24.57.

Shares owned by EFG-Hermes Holding (HRHO.CA) sank 1.60% finishing at EGP 10.48.

Orascom Construction Industries (OCIC.CA) inched lower 1.17% closing at EGP 265.96.

Orascom Telecom Media & Technology Holding (OTMT.CA) edged down 0.75% concluding at EGP 1.32.

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