EGX closes in red zone on 28 Jan

Egypt’s stock market (EGX) closed in the red zone on Wednesday.

  • The benchmark index, EGX30, went down by 0.10 per cent, to 47,785.93 points.
  • The Shariah index, EGX33, dropped by 1.42 per cent, to 4,897.54 points.
  • The EGX35-LV index fell by 1.42 per cent to 4,834.3 points
  • The SMEs index, EGX70, sank by 2.85 per cent to 12,149.57 points.
  • The EGX100 index plunged by 2.08 per cent to 16,827.71 points.

The total market cap reached 3,158,495,818,685 Egyptian pounds.

The Arabs and non-Arab foreigners were net buyers with a total of 3,254,716,006 Egyptian pounds and 97,673,135,619 Egyptian pounds, respectively. Meanwhile, the Egyptians were net sellers with a total of 100,927,851,625 Egyptian pounds.

Top Gainers

  1. The shares of Gogreen for Agricultural Investment went up by 19.34 per cent to 2.160 Egyptian pounds a share.
  2. The shares of El Wadi For International and Investment Development climbed by 4.67 per cent to 1.120 Egyptian pounds a share.
  3. The shares of The Egyptian Modern Education Systems rose by 2.63 per cent to 0.975 Egyptian pounds a share.

Top losers

  1. The shares of El Obour Real Estate Investment dropped by 10.44 per cent to 31.300 Egyptian pounds a share.
  2. The shares of United Housing & Development sank by 9.13 per cent to 8.360 Egyptian pounds a share.
  3. The shares of Electro Cable Egypt went down by 8.64 per cent to 2.220 Egyptian pounds a share.
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