EGX ends mixed on March 11

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By Aya Anwar

The Egyptian Exchange (EGX) closed Tuesday’s session in mixed notes, with its benchmark index, EGX30, declining by 0.65 per cent to 30,935.23 points. Meanwhile, smaller-cap stocks showed resilience, with EGX70 and EGX100 recording modest gains.

  • The EGX33 Shariah Index slipped 0.39 per cent to 3,304.01 points.
  • The SMEs Index, EGX70, edged 0.56 per cent higher to 8,666.55 points.
  • The broader EGX100 Index added 0.31 per cent, reaching 12,006.13 points.

Market capitalisation stood at 2.28 trillion Egyptian pounds at the session’s close.

Egyptian investors were net sellers, offloading 40.72 billion Egyptian pounds in stocks. In contrast, Arab investors and non-Arab foreign institutions were net buyers, purchasing 12.85 billion Egyptian pounds and 27.86 billion Egyptian pounds, respectively.

Top gainers

  1. Shares of International Agricultural Products (IFAP.CA) jumped by 13.54 per cent to close at 13.000 Egyptian pounds a share.
  2. Shares of Misr National Steel – Ataqa (ATQA.CA) soared by 13.20 per cent, closing at 7.460 Egyptian pounds a share.
  3. Shares of Ismailia Development and Real Estate Co (IDRE.CA) climbed by 8.18 per cent, to close at 35.710 Egyptian pounds a share.

Top losers

  1. Shares of Rights Issue of Beltone Holding -4 plunged by 21.05 per cent, closing at 0.075 Egyptian pounds a share.
  2. Shares of Minapharm Pharmaceuticals (MIPH.CA) sank by 7.61 to close at 172.500 Egyptian pounds.
  3. Shares of Osool ESB Securities Brokerage (EBSC.CA) dived by 5.51 per cent to, closing at 1.200 Egyptian pounds.

Subediting: Y.Yasser

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