Cairo – Mubasher: The Egyptian Exchange (EGX) indices closed on mixed note on Monday, while the market capitalization shed EGP 4.3 billion amid selling pressures by local and Arab investors.
The benchmark index EGX30, snap a 12 session - streak of gains, as it lost 2.04% or 222.56 points to close at 10,694.41 points.
The small and medium caps index EGX70 inched up 0.14% to close at 415.33 points, while the broader index EGX100 added 0.76% to close at 989.43 points.
The equal weighted index EGX50 added 0.45% to close at 1,669.52 points.
The market capitalization lost nearly EGP 4.36 billion reaching EGP 524.39 billion.
Local and Arab investors ended as net sellers with EGP 55.5 million and EGP 50.8 million respectively, while foreign investors were net buyers with EGP 106.3 million.
The market witnessed 646.8 million shares changed hands worth EGP 1.65 billion.
Out of 184 stocks traded today, advancers outnumbered decliners by 106 to 53, while 25 stocks remained unchanged.
Today’s top gainers were: Arabia Investments, up 3.3%, Elsaeed Contracting, up 3.2%, and Amer Group, up 3.1%. On the downside, today’s badly performing stocks included Domty, down 10.0%, Global Telecom, down 6.4%, and Telecom Egypt, down 6.1%.
