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EGX closes in red area on 18 May

FeaturedEGXStocks
By Aya Anwar

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

  • The benchmark index, EGX30, went down by 0.68 per cent to 52,007 points.
  • The Shariah index, EGX33, fell by 0.17 per cent to 5,720.25 points.
  • The index EGX35-LV dropped by 1.32 per cent to 5,859.55 points.
  • The SMEs index, EGX70, sank by 1.51 per cent, to 14,668.02 points.
  • The EGX100 index plunged by 1.37 per cent, to 20,431.97 points.

The total market cap reached 3,730,079,648,930 Egyptian pounds.

Egyptians were net sellers, with a total of 682,527,788 pounds. On the other hand, Arabs and non-Arab foreigners were net buyers with 204,828,230 Egyptian pounds and 477,699,558 pounds, respectively.

Top gainers

  1. The shares of Egyptian for Tourism Resorts went up by 13.35 per cent to 18.510 Egyptian pounds a share.
  2. The shares of M.B Engineering rose by 13.22 per cent to close at 4.110 per cent a share.
  3. The shares of Gulf Canadian Real Estate Investment Co. jumped by 8.44 per cent, closing at 2.440 Egyptian pounds.

Top losers

  1. The shares of Egyptian Satellites (NileSat) dropped by 6.30 per cent to 8.480 Egyptian pounds at closing.
  2. The shares of Gogreen for Agricultural Investment fell by 5.39 per cent to close at 1.580 Egyptian pounds a share.
  3. The shares of U Consumer Finance sank by 5.33 per cent, closing at 11.550 Egyptian pounds a share.
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