CAIRO - 26 March 2024: The Egyptian Exchange (EGX) ended midweek session in the red zone, losing around LE 13.66 billion of the market capitalization, amid Arab and foreign selling.
The benchmark EGX30 decreased 0.98 percent, or 286.96 points, to end at 29,057.5 points.
The small and mid-cap index EGX 70 dipped 0.40 percent, or 27.17 points, to close at 6,697.35 points.
The broader index EGX 100 dropped 0.59 percent, or 56.93 points, to 9,540.22 points.
Market capitalization lost around LE 13.66 billion, recording LE 1.950 trillion, compared to LE 1.964 trillion in Monday’s session.
The trading volume reached 654.07 million shares, traded through 102,371 transactions, with a turnover of LE 3.38 billion.
Egyptian investors were net buyers at LE 313.37 million, while Arab and foreign investors were net sellers at LE 134.52 million, and LE 178.86 million, respectively.
GTEX for Commercial and Industrial, Egyptian Gulf Marseilia for Real Estate Investment, and Raya Holding for Financial Investments were top gainers of the session at 20 percent, 12.70 percent, and 9.29 percent, respectively.
Meanwhile, Delta for Printing & Packaging, Faisal Islamic Bank of Egypt - In EGP, and Development & Engineering Consultants were top losers of the session by 9.98 percent, 7.70 percent, and 6.63 percent, respectively.
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