EGX closes mostly in red on 16 Dec.

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By Aya Anwar

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

  • The benchmark index, EGX30, went down by 0.72 per cent, to 42,002.37 points.
  • The Shariah index, EGX33, dropped by 1.31 per cent to 4421 points.
  • The index EGX35-LV fell by 1.03 per cent to 4,596.41 points.
  • The SMEs index, EGX70, rose by 0.29 per cent, to 13,044.6 points.
  • The EGX100 index slid by 0.11 per cent, to 17,216.88 points.

The total market cap reached 2,959,766,928,776 Egyptian pounds.

The Egyptians and Arabs were net sellers with a total of 17,553,799,856 Egyptian pounds and 9,290,630,309 Egyptian pounds, respectively. On the other hand, the non-Arab foreigners were net buyers with 26,844,430,164 Egyptian pounds.

Top gainers

  1. The shares El Obour Real Estate Investment went up by 19.99 per cent to 42.260 Egyptian pounds a share.
  2. The shares of Ismailia Misr Poultry rose by 9.06 per cent to close at 14.560 per cent a share.
  3. The shares of Egyptian Arabian(Themar)Comp. For Securities&Bonds Brok. EAC jumped by 8.40 per cent, closing at 3.870 Egyptian pounds.

To losers

  1. The shares of El Arabia for Land Reclamationdropped by 10.43 per cent to 324.080 Egyptian pounds at closing.
  2. The shares of South Cairo & Giza Mills & Bakeries fell by 5.16 per cent to close at 217.770 Egyptian pounds a share.
  3. The shares of Concrete Fashion Group For Commercial& Industrial Investment sank by 5.13 per cent, closing at 0.111 Egyptian pounds a share.
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