EGX ends week mostly in green on March 20

The Egyptian Exchange (EGX) ended mostly in the green on Thursday, with the benchmark EGX30 index surging 1.05 per cent to close at 31,677.58 points.

Meanwhile, the EGX33 Shariah index edged down by 0.07 per cent to 3,368.58 points. The SMEs-focused EGX70 index gained 0.48 per cent, reaching 8,922.57 points, while the broader EGX100 index added 0.47 per cent, closing at 12,338.67 points.

Egypt’s total market capitalisation stood at 2.25 trillion Egyptian pounds by the end of the session.

In terms of trading activity, Arab and non-Arab foreign investors were net buyers, with 5.94 billion pounds and 34.24 billion pounds, respectively. In contrast, Egyptian investors were net sellers, offloading stocks worth 40.18 billion pounds.

Top gainers

1. Shares of Arab Pharmaceuticals soared by 18.70 per cent to close at 177.990 Egyptian pounds a share.
2. Shares of  United Housing and Development jumped by 11.34 per cent, closing at 8.150 Egyptian pounds a share.
3. Shares of Ismailia Development and Real Estate Co climbed by 8.48 per cent, to close at 31.200 Egyptian pounds a share.

Top losers

1. Shares of Rights Issue of El Nasr Clothes and Textiles Kabo -3 plunged by 17.98 per cent, closing at 3.010 Egyptian pounds a share.
2. Shares of Misr Duty Free Shops dived by 8.60 to close at 27.740 Egyptian pounds.
3. Shares of Rights Issue of Arab Developers Holding -1 sank by 7.14 per cent to, closing at 0.078 Egyptian pounds.

Subediting: Y.Yasser