Egypt’s stock market closed mixed on Sunday, as losses in blue-chip shares dragged the benchmark index lower while smaller-cap stocks posted significant gains, according to data from the Egyptian Exchange (EGX).
The EGX30, which tracks the market’s largest and most actively traded companies, edged 1.56% lower to close at 46,774.24 points.
The EGX33 Shariah index fell 0.66 per cent to 5,015.57 points, while the EGX35-LV surged 2.03 per cent higher to 5,261.02 points.
Smaller-cap stocks ended in positive territory. The EGX70, which tracks small and medium-sized enterprises, gained 1.77 per cent to 12,461.92 points, while the broader EGX100 added 1.38 per cent to 17,497.47 points.
Total market capitalisation recorded 3.240 trillion Egyptian pounds.
Egyptian and Arab investors were net buyers, with purchases totalling 10.468 billion pounds and 379.418 million pounds, respectively. Non-Arab foreign investors were net sellers, offloading 10.847 billion pounds.
Attribution: Amwal Al Ghad English