EGX closed mixed on March 26

Egypt’s Exchange (EGX) closed mixed on Wednesday, with the main index, EGX30, edging down by 0.06 per cent to 31,744.3 points.

The Shariah-compliant EGX33 index fell by 0.59 per cent, ending the day at 3,309.4 points.

In contrast, the broader EGX70 index, which tracks small and mid-cap stocks, rose by 0.77 per cent to 8,958.79 points, while the EGX100 index, which includes both large and small stocks, increased by 0.53 per cent, closing at 12,342.93 points.

Total market capitalisation stood at 2.23 trillion Egyptian pounds.

In terms of investor activity, Egyptians and Arabs were net sellers, with net sales totaling 9.4 billion and 1.3 billion Egyptian pounds, respectively. Meanwhile, non-Arab foreign investors were net buyers, recording net purchases of 10.7 billion Egyptian pounds.

Top gainers 

  1. Shares of International Agricultural Products jumped by 11.84 per cent, to close at the price of 15.300 Egyptian pounds a share.
  2. Shares of Northern Upper Egypt Development and Agricultural Production climbed by 10.17 per cent, to trade at the price of 3.250 Egyptian pounds a share.
  3. Shares of International Company for Fertilizers and Chemicals surged by 10.12 per cent, to the purchasing price of 21.000 Egyptian pounds a share.

Top losers 

  1. Shares of Cleopatra Hospital Company slid by 8.05 per cent, to close at 8.000 Egyptian pounds a share.
  2. Shares of United Housing and Development dived by 7.31 per cent, to close at the price of 8.500 Egyptian pounds a share.
  3. Shares of International Co for Investment and Development sank by 5.41 per cent, to close at 3.500 Egyptian pounds a share.

Subediting: Y.Yasser

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