EGX closes in red on Jan. 17

Egypt’s stock market closed on a red note on Wednesday after going up for three straight days. The main index, EGX30 declined by 0.67 per cent, to 26,758.26 points.

The small to midsize enterprises’ index, EGX70 dropped by 0.65 per cent, to 6,259.24 points.

The index, EGX100 fell by 0.60 per cent, to 8,901.95 points.

The market cap reached a total of 1,876,256,336,733 Egyptian pounds.

The Arabs’ and foreigners’ transactions were selling with 184,170,034 Egyptian pounds and 57,876,762 Egyptian pounds, respectively.

The Egyptians’ transactions leaned towards selling with 242,046,795 million Egyptian pounds.

The end-of-day trade hit 6,149,456,951 pounds with a total of 1,394,007,785 securities executed in 184,538 transactions.

Top gainers on Wednesday

The shares of Egyptian Financial and Industrial (EFIC.CA) rose by 11.27 per cent, to trade at 70.180 Egyptian pounds a share.

The shares of Amer Group Holding Co (AMER.CA) climbed by 10.81 per cent, to the price of 0.748 Egyptian pound a share.

The shares of Misr National Steel (ATQA.CA) jumped by 9.79 per cent, to the purchasing price of 4.600 Egyptian pounds a share.

Top losers on Wednesday

The shares of Arab Moltaqa Investments (AMIA.CA) declined by 6.40 per cent, to close at 2.340 Egyptian pounds a share.

The shares of Egyptians for Investment and Urban Development (EIUD.CA) fell by 6.36 per cent, to the price of 0.515 Egyptian pounds a share.

The shares of Arab Aluminum (ALUM.CA) dropped by 5.98 per cent, to close at 15.870 Egyptian pounds per share.