CAIRO - 17 March 2024: The Egyptian Exchange (EGX) ended Sunday’s session in the red zone, losing around LE 27.41 billion of the market capitalization, amid local selling.
The benchmark EGX30 decreased 0.81 percent, or 254.55 points, to end at 31,061.88 points.
The small and mid-cap index EGX 70 dipped 0.94 percent, or 64.84 points, to close at 6,819.88 points.
Furthermore, the broader index EGX 100 declined 1.08 percent, or 106.14 points, to 9,767.3 points.
Market capitalization lost around LE 27.41 billion, recording LE 2.038 trillion, compared to LE 2.065 trillion in Thursday’s session.
The trading volume reached 619.88 million shares, traded through 112,162 transactions, with a turnover of LE 3.35 billion.
Egyptian investors were net sellers at LE 174.8 million, while Arab and foreign investors were net buyers at LE 88.96 million, and LE 85.84 million, respectively.
Societe Arabe Internationale De Banque S.A.E., Cairo Oils & Soap, and Nasr Company for Civil Works were top gainers of the session at 20 percent, 19.53 percent, and 8.58 percent, respectively.
Meanwhile, Misr Oils & Soap, Contact Financial Holding, and Misr Chemical Industries were top losers of the session by 11.02 percent, 9.07 percent, and 8.48 percent, respectively.
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