EGX wraps up in red as key indices slide on Nov 12
Egypt’s stock exchange (EGX)) closed on a negative note on Tuesday, with key indices showing declines.
The benchmark EGX30 index slipped by 0.12 per cent, ending at 31,582.39 points. The Shariah-compliant EGX33 index fell by 0.25 per cent, reaching 3,270.86 points. The SMEs-focused EGX70 index dropped by 0.34 per cent, closing at 8,351.9 points, while the broader EGX100 index declined by 0.25 per cent, finishing at 11,638.54 points.
Market Cap and Trading Activity
The total market capitalisation reached 2.278 trillion Egyptian pounds. Egyptian investors and non-Arab foreigners were net sellers, recording net sales of 945.49 million and 3.46 billion Egyptian pounds, respectively. Conversely, Arab investors were net buyers, with total purchases amounting to 4.41 billion Egyptian pounds.
Top Risers
- Upper Egypt Flour Mills (UEFM.CA): Shares soared by 19.97 per cent, closing at 300.51 pounds per share.
- Suez Canal Bank (CANA.CA): Shares climbed by 12.09 per cent, trading at 18.91 pounds per share.
- East Delta Flour Mills (EDFM.CA): Shares gained 11.80 per cent, reaching 241.14 pounds per share.
Top Fallers
- Saudi Egyptian Investment and Finance (SEIG.CA): Shares plunged by 5.97 per cent, closing at 64.92 pounds per share.
- October Pharma for Pharmaceutical Industries SAE (OCPH.CA): Shares dived by 5.93 per cent, ending at 108.23 pounds per share.
- Aspire Capital Holding for Financial Invest Rights Issue (ASPI.CA): Shares sank by 5.66 per cent, closing at 0.05 pounds per share.
