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EGX indices end in red

EGX indices end in red

ArabFinance: The Egyptian Stock Exchange’s (EGX) indices witnessed negative performance on May 24th.

The benchmark index EGX 30 decreased 0.47% to close at 10,761 points. 

The small and medium-sized enterprises index EGX 70 went down 1.89% to close at 2,215.78 points, while the broader index EGX 100 closed at 3,160.43 points, marking a decrease of 1.68%.

Trading volume reached 696 million shares executed through 59,444 transactions, with a total value of EGP 1.750 billion. Market capitalization amounted to EGP 670 billion.

Egyptian investors made up 73.46% of total transactions, while foreign and Arab investors accounted for 10.62% and 15.93%, respectively.

Individuals represented 69.27% of total trades, while institutions contributed to 30.72%.

The top five performers by trading volume were Giza General Contracting, Dice, Orascom Financial Holding, Porto Group,  and Arab Company for Asset Management.

However, the worst top performers by price were Lakah Group,  El Obour Company for Real Estate Investment,  Middle and West Delta Flour Mills, North Upper Egypt for Development, and Al Orouba Securities.

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