EGX kickstarts July trading in the red zone, market cap. registered at LE 1.15trn

The Egyptian Exchange (EGX) returns from the Eid vacation to close Tuesday trading in the red zone.

Benchmark index EGX 30 fell by 1.13 percent to end the session at 17,466.18 points, followed by EGX 50 which declined by 0.49 percent to 3,246.62 points.

EGX 70 dropped by 0.36 percent at 3,523.10 points, with EGX 100 closing the session by inching downwards by 0.44 percent at 5,219.07 points.

Today’s trading saw 651.09 million shares exchanged with a turnover of LE 1.46 billion.

The market capitalization was recorded at LE 1.154 trillion.

Trading on securities saw Egyptian and foreign investors as net buyers with LE 39.87 million and LE 30.93 million, respectively. Arab investors were net sellers with LE 70.80 million.

The highest gains of the session were by El Obour Real Estate Investment which surged by 19.91 percent, Pyramisa Hotels by 13.46 percent, and Medical Packaging Company by 12.38 percent.

The largest losses of the session were by Elswedy Electric which dropped by 4.96 percent, Delta Sugar by 4.18 percent, and Egyptian Financial & Industrial by 4.17 percent.