Egypt’s stock market closes in red on Sunday

Egypt’s stock market closed red on Sunday, with the main index EGX30 falling by 1.91 percent to 23,840.73, losing 464.36 points.

The small to mid-size enterprises, EGX70 inched down by 1.40 percent to 5,313.03, losing 76.37 points.

EGX100 also went down by 1.61 percent to 7,639.43, losing 125.09 points.

Egypt’s market cap recorded a total of 1.648 billion Egyptian pounds.

The Arabs’ and foreigners’ transactions went towards buying with a total of 26.9 million pounds and 4.9 million pounds, respectively, while the Egyptians’ transactions went with selling with 31.9 million pounds.

The end-of-day exchange was valued at 3.2 million pounds, with a total amount of 961 million securities executed in 122 thousand transactions.

The highest-priced stocks on Sunday:

Shares of Egyptian Modern Education Systems SAE (MOED.CA) went up by 12.58 percent to close at 0.34 pounds.

Shares of El Nasr Clothing and Textiles (KABO.CA) climbed by 8.93 percent, at the purchasing price of 2.4 pounds.

Shares of Misr Beni Suef Cement (MBSC.CA) jumped by 8.12 percent, to 56.8 pounds.

The lowest-priced stocks on Sunday:

Shares of Egyptian Arabian (cmar) Securities Brokerage EAC (EASB.CA) went down by 18.55 percent to close at 6.8 pounds.

Shares of Memphis Pharmaceutical and Chemical Industries (MPCI.CA) declined by 10.67 percent to close at 60.3.

Shares of National Company for Housing for Professional Syndicates (NHPS.CA) fell by 10.64 percent, at the price of 46.5 pounds.