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EGX indices witness negative performance

EGX indices witness negative performance

ArabFinance: The Egyptian Stock Exchange’s (EGX) indices witnessed negative performance on June 8st.

The benchmark index EGX 30 decreased 1.4% to close at 9,963.91 points. 

The small and medium-sized enterprises index EGX 70 EWI went down 0.97% to close at 2,354.24 points, while the broader index EGX 100 EWI closed at 3.291.81 points, marking a decrease of 0.87%.

Trading volume reached 481 million shares executed through 53,749 transactions, with a total value of EGP 1.699 billion. Market capitalization amounted to EGP 638.697 billion.

Egyptian investors made up 77.15% of total transactions, while foreign and Arab investors accounted for 14.22 % and 8.63%, respectively.

Individuals represented 73.26% of total trades, while institutions contributed to 26.73%.

The top five performers by trading volume were Belton Financial Holding,  Orascom Financial Holding, Speed Medical, Orascom Investment Holding, and Golden Coast Company.

However, the worst top performers by price were Ceramica Remas, Lecico Egypt, Arabian Cement, Ceramic & Porcelain, and El Shams Housing.

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