Egypt’s stock market ends mixed on April 3rd after Eid break

The Egyptian Exchange (EGX) kicked off trading on Thursday after the Eid el-Fitr holidays, showing mixed results. The main index, EGX30, experienced a dip, falling 1.02 per cent to close at 31,699.58 points.

Meanwhile, the Shariah-compliant index, EGX33, also saw a slight decline, dropping 0.16 per cent to 3,323.06 points. On a more positive note, the small and medium enterprises (SMEs) index, EGX70, rose by 0.47 per cent , reaching 9,088.74 points. The broader EGX100 index also posted gains, increasing by 0.42 per cent to 12,514.81 points.

The total market capitalisation of the Egyptian Exchange stood at 2.24 trillion Egyptian pounds.

In terms of investor activity, Egyptians and Arabs were net buyers, with inflows of 183 million pounds and 798 million pounds, respectively. However, non-Arab foreign investors were net sellers, with outflows totaling 981 million pounds.

Top gainers 

1. Shares of Rights Issue of Arab Developers Holding -1 went up by 13.33 per cent to close at 0.085 Egyptian pounds a share.
2. Shares of Delta for Printing and Packaging rose by 11.97 per cent, closing at 81.360 Egyptian pounds a share.
3. Shares of Amer Group Holding soared by 11.29 per cent, to close at 1.380 Egyptian pounds a share.

Top losers 

1. Shares of El Nasr Clothes and Textiles (Kabo) went down by 5.54 per cent, closing at 4.600 Egyptian pounds a share.
2. Shares of Samad Misr -EGYFERT fell by 4.84 to close at 97.420 Egyptian pounds.
3. Shares of Golden Coast Company dropped by 4.70 per cent to, closing at 2.230 Egyptian pounds.

Subediting: Y.Yasser