EGX closes in red area on 20 May

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

• The benchmark index, EGX30, went down by 1.59 per cent to 51,936.75 points.
• The Shariah index, EGX33, dropped by 1.46 per cent to 5,742.7 points.
• The index EGX35-LV fell by 2.03 per cent to 5,784.63 points.
• The SMEs index, EGX70, plunged by 2.37 per cent, to 14,421.03 points.
• The EGX100 index sank by 2.32 per cent, to 20,103.05 points.

The total market cap reached 3,711,218,580,317 Egyptian pounds.

Arabs and non-Arab foreigners were net sellers, with a total of 228,200,826 Egyptian pounds and 5,982,747,954 pounds, respectively. On the other hand, Egyptians were net buyers with 6,210,948,781 pounds.

Top gainers

1. The shares of Misr Hotels went up by 19.99 per cent to 32.240 pounds a share.
2. The shares of North Cairo Mills rose by 8.92 per cent to close at 138.900 pounds a share.
3. The shares of Arab Cotton Ginning jumped by 7.22 per cent, closing at 10.400 pounds.

Top losers

1. The shares of Misr Duty Free Shops dropped by 9.15 per cent to 52.530 pounds at closing.
2. The shares of Rubex International for Plastic and Acrylic Manufacturing fell by 6.94 per cent to close at 10.320 pounds a share.
3. The shares of Dice Sport & Casual Wear sank by 6.49 per cent, closing at 1.730 pounds a share.