EGX ends in red on March 26

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By Aya Anwar

The Egyptian Exchange (EGX) ended Tuesday’s session in negative territory, with key indices posting declines amid selling pressure from local investors.

  • The benchmark EGX30 index edged down 0.15 per cent to close at 31,761.97 points.
  • The Shariah-compliant EGX33 index slipped 0.35 per cent to 3,329.01 points.
  • The SMEs index, EGX70, dropped 0.80 per cent, settling at 8,890.08 points.
  • The broader EGX100 index declined 0.64 per cent to 12,277.43 points.

Egypt’s market capitalization stood at 2.23 trillion Egyptian pounds.

In terms of trading activity, Egyptians were net sellers, offloading 9.29 billion pounds worth of shares. In contrast, Arab and foreign investors were net buyers, with 909.69 million pounds and 8.38 billion pounds in purchases, respectively.

Top gainers

  1. Shares of International Co for Investment and Development soared by 17.09 per cent to close at 3.700 Egyptian pounds a share.
  2. Shares of Misr Oils and Soap climbed by 11.99 per cent, closing at 63.710 Egyptian pounds a share.
  3. Shares of Rubex International for Plastic and Acrylic Manufacturing jumped by 11.16 per cent, to close at 10.160 Egyptian pounds a share.

Top losers

  1. Shares of Arab Pharmaceuticals plunged by 12.69 per cent, closing at 154.210 Egyptian pounds a share.
  2. Shares of Northern Upper Egypt Development and Agricultural Production dived by 12.46 to close at 2.950 Egyptian pounds.
  3. Shares of Upper Egypt Flour Mills slid by 12.13 per cent to, closing at 244.500 Egyptian pounds.

Subediting: Y.Yasser

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