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EGX closes week in red

EGX closes week in red

ArabFinance: The Egyptian Stock Exchange’s (EGX) indices saw a bearish performance on October 15th.

The benchmark index EGX 30 fell 0.10% to close at 11,322.71 points. 

The small and medium-sized enterprises index EGX 70 went down by 0.56 % to close at 1,983.72 points, while the broader index EGX 100 closed at 2,916.58 points, marking a decline of 0.50%.

Trading volume reached 321.279 million shares executed through 40,948 transactions, with a total value of EGP 1.102 billion. Market capitalization amounted to EGP 630.655 billion. 

Egyptian investors made up 91.88% of total transactions, while foreign and Arab investors accounted for 4.55% and 3.57%, respectively.

Individuals represented 41.19% of total trades, while institutions contributed to 58.80%.

The top five performers by trading volume were Orascom Investment Holding (OIH)Arab Engineering Industries (EEII)Madinet Nasr Housing and Development (MNHD), Porto Group (PORT), and Emaar Misr for Development (EMFD).  

However, the worst top performers by price were Madinet Nasr Housing and Development (MNHD), Golden Coast Company (GOCO)Lecico Egypt (LCSW), General Company for Silos and Storage (GSSC), and Egyptian Arabian Securities Brokerage EAC (EASB).    

 

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