EGX ends Tuesday in red, market cap. loses LE6.3B
The Egyptian Exchange (EGX) ended Tuesday in the red zone, losing around LE 6.3 billion to market capitalization, amid foreign selling.
The benchmark EGX30 dropped 1.29 percent, or 148.33 points, to end at 11,380.85 points.
The equally weighted index EGX 50 declined 0.33 percent, or 6.44 points, to end at 1,961.84 points.
The small and mid-cap index EGX 70 decreased 0.10 percent, or 1.97 points, to close at 1,934.75 points, and the broader index EGX 100 dipped 0.32 percent, or 9.46 points, to close at 2,934.78 points.
Market capitalization lost around LE 6.32 billion, recording LE 732.95 billion, compared to LE 739.12 billion in Monday’s session.
The trading volume reached 220.11 million shares, traded through 29,935 transactions, with a turnover of LE 781.35 million.
Foreign investors were net sellers at LE 90.12 million, while Egyptian and Arab investors were net buyers at LE 41.38 million, and LE 48.74 million, respectively.
Egyptian and foreign individuals were net sellers at LE 50.07 million, and LE 563,226, respectively, while Arab individuals were net buyers at LE 32.43 million.
Egyptian and Arab organizations bought at LE 91.45 million, and LE 16.31 million, respectively, while foreign organizations sold at LE 89.56 million.
Marseille Almasreia Alkhalegeya for Holding Investment, El Wadi for International and Investment Development, and Fawry for Banking Technology and Electronic Payment were top gainers of the session at 7.43 percent, 4.57 percent and 4.41 percent, respectively. Read More...