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EGX indices see bearish performance

EGX indices see bearish performance

ArabFinance: The Egyptian Stock Exchange’s (EGX) indices saw a negative trend on November 15th.

The benchmark index EGX 30 fell 0.58% to close at 10,953.13 points. 

The small and medium-sized enterprises index EGX 70 went down 0.09% to close at 1,990.43 points, while the broader index EGX 100 closed at 2,911.58 points, marking a decrease of 0.02%.

Trading volume reached 346.969 million shares executed through 43,348 transactions, with a total value of EGP 1.460 billion. Market capitalization amounted to EGP 627.232 billion.

Egyptian investors made up 83.73% of total transactions, while foreign and Arab investors accounted for 12.19% and 4.08%, respectively.

Individuals represented 53.21% of total trades, while institutions contributed to 46.78%.

The top five performers by trading volume were Arabia Investments Holding (AIH)Arab Cotton Ginning Company (ACGC)Societe Arabe Internationale De Banque (SAIB Bank)Dice Sport and Casual Wear, and Egyptians for Housing and Development Company

However, the worst top performers by price were the National Company for Housing for Professional Syndicates (NHPS)Ismailia Misr Poultry (ISMA)Islamic Gharbia Company for Developed Buildings (GIHD)Lecico Egypt (LCSW), and the Egyptian Transport and Commercial Services Company (ETRS).  

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