Egypt : EGX ends Monday in red, market cap. loses LE5.77B

  • 14 June 2022 / News / 396 / Fares RAHAHLIA

Egypt : EGX ends Monday in red, market cap. loses LE5.77B
CAIRO –  13 June 2022: The Egyptian Exchange (EGX) ended Monday’s session in the red zone, losing around LE 5.77 billion of market capitalization, amid foreign selling.
The benchmark EGX30 declined 0.82 percent, or 82.7 points, to end at 10,014.85 points.
The equally weighted index EGX 50 dipped 1.42 percent, or 25.43 points, to end at 1,767.15 points.
The small and mid-cap index EGX 70 decreased 1.28 percent, or 23.78 points, to close at 1,837.14 points, and the broader index EGX 100 inched down 1.39 percent, or 38.34 points, to close at 2,725.4 points.
Market capitalization lost around LE 5.77 billion, recording LE 662.76 billion, compared to LE 668.53 billion in Sunday’s session.
The trading volume reached 516.44 million shares, traded through 33,686 transactions, with a turnover of LE 645.51 million.
Foreign investors were net sellers at LE 92.57 million, while Egyptian and Arab investors were net buyers at LE 90.92 million, and LE 1.65 million, respectively.
Egyptian, Arab and foreign individuals were net buyers at LE 349,779, LE 9.24 million, LE 739,822, respectively.
Arab and foreign organizations sold at LE 7.59 million,and LE 93.3 million, respectively, while Egyptian organizations bought at LE 90.57 million.
Belton Financial Holding, Marseille Almasreia Alkhalegeya for Holding Investment, and Arab Cotton Ginning were top gainers of the session at 11.16 percent, 7.15 percent and 4.87 percent, respectively.
Meanwhile, Egyptian Media Production City, Taaleem Management Services, and Dice Sport & Casual Wear were top losers of the session by 8.88 percent, 7.57 percent, and 7.29 percent, respectively.

source: egypttoday

See too