EGX closes in red area 8 July

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By Aya Anwar

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

  • The benchmark index, EGX30, went down by 1.84 per cent to 52,028.37 points.
  • The Shariah index, EGX33, dropped by 1.70 per cent, to 5,845.63 points.
  • The EGX35-LV index sank by 1.02 per cent to 6,093.91 points
  • The SMEs index, EGX70, plunged by 1.30 per cent to 16,004.93 points.
  • The EGX100 index fell by 1.29 per cent to 21,747.75 points.

The total market cap reached 3,782,136,953,025 Egyptian pounds.

Arabs and non-Arab foreigners were net buyers, with 932,827,083 Egyptian pounds and 8,514,189,966 pounds, respectively. Meanwhile, Egyptians were net sellers, totaling 9,447,017,049 pounds.

Top Gainers

  1. The shares of Alexandria New Medical Center went up by 19.99 per cent to 70.780 Egyptian pounds a share.
  2. The shares of Saudi Egyptian Investment & Finance climbed by 12.51 per cent to 257.100 Egyptian pounds a share.
  3. The shares of Delta For Printing & Packaging rose by 6.08 per cent to 206.990 Egyptian pounds a share.

Top losers

  1. The shares of Tycoon Holding Company For Financial Investments dropped by 17.69 per cent to 20.330 Egyptian pounds a share.
  2. The shares of El Arabia for Land Reclamation sank by 5.01 per cent to 363.780 Egyptian pounds a share.
  3. The shares of El Ahram Co. For Printing And Packing went down by 4.91 per cent to 14.320 Egyptian pounds a share.
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