EGX closes in red area on November 1st

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

  • The benchmark index, EGX30, went down by 1.72 per cent, to 48,744.01 points.
  • The Shariah index, EGX33, dropped by 0.71 per cent to 5,861.52 points.
  • The index EGX35-LV fell by 0.97 per cent to 5,740.7 points.
  • The SMEs index, EGX70, sank by 0.68 per cent to 16,665.95 points.
  • The EGX100 index plunged by 1.01 per cent to 22,410.52 points.

The total market cap reached 3,897,592,819,761 Egyptian pounds.

Arabs and non-Arab foreigners were net sellers, with total purchases of 88,458,114 Egyptian pounds and 40,632,491 pounds, respectively. On the other hand, Egyptians were net buyers with 129,090,605 pounds.

Top gainers

  1. The shares of Saudi Egyptian Investment & Finance surged by 20.00 per cent, closing at 223.680 Egyptian pounds per share.
  2. The shares of Golden Textiles & Clothes Wool rose by 13.48 per cent, reaching 118.700 Egyptian pounds per share.
  3. The shares of Lotus For Agricultural Investments And Development went up by 9.94 per cent to close at 0.730 Egyptian pounds a share.

Top losers

  1. The shares of U Consumer Finance went down by 7.88 per cent to close at 9.120 Egyptian pounds a share.
  2. The shares of Palm Hills Development Company dropped by 7.02 per cent to close at 10.600 per cent a share.
  3. The shares of GB Corp dropped by 6.87 per cent, to close at 21.700 Egyptian pounds a share.
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