CAIRO - 9 December 2024: The Egyptian Exchange (EGX) ended Monday’s session in the red zone, losing around LE 7.72 billion of market capitalization, amid Arab and foreign selling.
The benchmark EGX30 dipped 0.18 percent, or 55.39 points, closing at 31,005.12 points.
The small and mid-cap index EGX 70 decreased by 0.62 percent, or 53.38 points, to finish at 8,533.73 points.
The broader index, EGX 100, declined 0.49 percent, or 57.95 points, ending at 11,742.74 points.
Market capitalization lost around LE 7.72 billion, reaching LE 2.282 trillion compared to LE 2.289 trillion in the previous session.
Trading volume totaled 1.39 million shares across 117,063 transactions, with a turnover of LE 4.51 billion.
Egyptian investors were net buyers at LE 227.95 million, while Arab and foreign investors were net sellers at LE 10.76 billion and LE 217.19 million, respectively.
Mohandes Insurance, Suez Canal Bank S.A.E, and Canal Shipping Agencies were the top gainers of the session, each rising by 9.32 percent, 7.74 percent, and 7.61 percent, respectively.
On the other hand, Atlas for Investment and Food Industries, Egyptian Arabian (Themar) Comp. for Securities & Bonds Brok. EAC, and Elsaeed Contracting & Real Estate Investment Company SCCD were the top losers, declining by 13.22 percent, 6.60 percent, and 5.34 percent, respectively.
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