Cairo – Mubasher: The stocks of Talaat Moustafa Group Holding (TMG Holding) and Palm Hills Development have acquired 46.05% or EGP 30.64 million of the real estate sector’s liquidity on the Egyptian Exchange (EGX).
By 12:28 pm Cairo time, Palm Hills rose 1.49% to EGP 4.07 per share as about 4 million shares were traded at a turnover of EGP 16.27 million.
On the other hand, TMG Holding dipped 0.5% to EGP 9.95 as about 1.44 million shares were traded and exchanged at a turnover of EGP 14.37 million.
The real estate sector index inched down 0.09% as 18.77 million shares were traded at a turnover of EGP 66.53 million.
Meanwhile, the benchmark EGX30 index tumbled 0.5% or 72.76 points to 14,499.41 points.
Additionally, the EGX’s total liquidity stood at EGP 551.4 million exchanged through 14,070 transactions and a traded volume of 101.7 million shares.
