Egypt’s bourse ended lower on Sunday with losses totaled 141 Egyptian pounds driven by local selling pressures. In return, the country’s main bourse index closed the week below 7580 points.
The Egyptian Exchange (EGX) indices were wavering in mixed notes on Sunday afternoon.
Egypt’s benchmark index EGX30 ended 0.19 per cent lower to 7576.65 pts; while EGX20 finished 0.17 per cent down to 8959.57 pts.
Meanwhile, the mid- and small-cap index, the EGX70 rose by 0.72% to close at 647.53 pts. The price index EGX100 increased by 0.39 per cent to conclude at 1100.88 pts.
Furthermore, the market capitalization recorded EGP 470.512 billion on Sunday.
Through the closing session of Sunday, the trading volume has reached 161.334 million securities, with turnovers worth EGP 561.564 million, exchanged through 33.917 thousand transactions.
Also during the closing session, 182 listed securities have been traded in; 83 declined, 82 advanced; while 17 keeping their previous levels.
Egyptian investors were net sellers capturing 96.12% of the total market, with a net equity of EGP 6.218 million, excluding the deals.
On the contrary, the non-Arab foreign and Arab investors were net buyers seizing 1.98% and 1.9% respectively of the total markets, with a net equity of EGP 383.899 thousand and 5.834 million respectively, excluding the deals.
At the EGX30, Cairo-based investment bank EFG-Hermes Holding (HRHO.CA) saw its share price fall by 0.44 percent to EGP 11.24.
Market bellwether Commercial International Bank S.A.E. (COMI.CA) hiked 0.52 percent to EGP 34.70.
In the real estate sector, Palm Hills Development Company (PHDC.CA) pushed down by 3.21 percent to trade at EGP 3.02, Talaat Moustafa Group Holding (TMGH.CA) dropped by 1.64 percent to trade at EGP 7.20, and Sixth of October Development and Investment Co S.A.E – SODIC (OCDI.CA) tumbled 1.05 percent to close at EGP 23.55.