CAIRO – 27 February 2023: The Egyptian Exchange (EGX) ended Monday’s session in a collective regression, losing around LE 4.65 billion of the market capitalization, amid Arab and foreign organization selling.
The benchmark EGX30 declined 0.67 percent, or 114.85 points, to end at 17,098.16 points.
The equally weighted index EGX 50 dropped 0.11 percent, or 3.2 points, to end at 2,926.79 points.
The small and mid-cap index EGX 70 decreased 0.26 percent, or 7.86 points, to close at 3,011.63 points, and the broader index EGX 100 dipped 0.20 percent, or 9.15 points, at 4,491.15 points.
Market capitalization lost around LE 4.65 billion, recording LE 1.088 trillion, compared to LE 1.093 trillion in Sunday’s session.
The trading volume reached 475.37 million shares, traded through 65,448 transactions, with a turnover of LE 1.89 billion.
Egyptian investors were net buyers at LE 126.55 million, while Arab and foreign investors were net sellers at LE 34.54 million, and LE 92.02 million, respectively.
Egyptian, Arab and foreign individuals were net buyers at LE 5.86 million, LE 2.02 million, andLE 39,098, respectively.
Arab and foreign organizations sold at LE 36.56 million, and LE 92.06 million, respectively, while Egyptian organizations bought at LE 120.69 million.
Wadi Kom Ombo Land Reclamation, General Company for Land Reclamation, Development & Reconstruction, and International Agricultural Products were top gainers of the session at 19.99 percent, 19.98 percent and 15.31 percent, respectively.
Meanwhile, Misr Hotels, Ismailia National Food Industries, and El Nasr For Manufacturing Agricultural Crops were top losers of the session by 7.58 percent, 5.26 percent, and 4.96 percent, respectively.
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