CAIRO – 29 May 2022: The Egyptian Exchange (EGX) ended Sunday’s session in the red zone, losing around LE 6.73 billion of market capitalization, amid Arab and foreign selling.
The benchmark EGX30 dipped 1.12 percent, or 113.84 points, to end at 10,086.72 points.
The equally weighted index EGX 50 declined 0.76 percent, or 13.18 points, to end at 1,721.14 points.
The small and mid-cap index EGX 70 decreased 1.11 percent, or 19.31 points, to close at 1,727.06 points, and the broader index EGX 100 dropped 1.06 percent, or 27.92 points, to close at 2,599.57 points.
Market capitalization lost around LE 6.73 billion, recording LE 662.51 billion, compared to LE 669.25 billion in Thursday’s session.
The trading volume reached 158.28 million shares, traded through 20,433 transactions, with a turnover of LE 297.9 million.
Egyptian investors were net buyers at LE 16.15 million, while Arab and foreign investors were net sellers at LE 1.36 million, and LE 14.79 million, respectively.
Egyptian and Arab individuals were net buyers at LE 11.65 million, and LE 2.44 million, respectively, while foreign individuals were net sellers at LE 983,436.
Arab and foreign organizations sold at LE 3.8 million,and LE 13.81 million, respectively, while Egyptian organizations bought at LE 4.49 million.
GB AUTO,The Arab Dairy Products Co. Arab Dairy - Panda, and Egypt Aluminum were top gainers of the session at 7.27 percent, 5.97 percent and 4.12 percent, respectively.
Meanwhile, EL Ezz El Dekheila Steel - Alexandria, Maridive & oil services, and AJWA for Food Industries company Egypt were top losers of the session by 13.57 percent, 8 percent, and 7.90 percent, respectively.
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