On Sunday, Egypt’s stock market experienced a downturn, with the main index, EGX30, decreasing by -2.01 percent to 24,189.83, resulting in a loss of 496.33 points. The small and mid-sized enterprises’ index, EGX70, also saw a decline of -1.74 percent to 5,194.73, losing 91.76 points. Additionally, the EGX100 fell by -1.76 percent to 7,547.07, losing 134.89 points.
The market capitalization in Egypt reached about 1.626 trillion Egyptian pounds at the end of Sunday’s trading, compared to 1.663 trillion pounds in the previous weekend’s trade on Thursday, reflecting a decrease of about 37 billion pounds.
Foreign and Arab investors leaned towards selling, with total transactions of 42.6 million pounds and 18.8 million pounds, respectively. Conversely, Egyptian transactions favored buying, totaling 61.4 million pounds.
The total exchange value amounted to around 3.3 billion pounds, with a total of 1.4 billion securities executed in 134.7 thousand transactions.
Key Stock Movements on Sunday:
- International Co. for Agricultural Corps (IFAP.CA) rose by 19.99 percent, reaching a trading value of 22.93 pounds.
- Misr Beni Suef Cement (MBSC.CA) increased by 10.6 percent to 48.74 pounds.
- General Company for Silos and Storage (GSSC.CA) surged by 8.3 percent, reaching 132.11 pounds.
- Egyptian for Developing Building Materials – Lifeslab (EDBM.CA) climbed by 6.34 percent to 0.302 pounds.
- Arab Real Estate Investment – ALICO (RREI.CA) rose by 5.5 percent, reaching a purchasing price of 0.998 pounds.
Lowest-Priced Stocks on Sunday:
- TAQA Arabia (TAQA.CA) declined by -11.24 percent, trading at 13.66 pounds.
- United Arab Shipping Company (UASC.CA) went down by -11.09 percent, reaching 0.914 pounds.
- Misr Fertilizers Production Co – MOPCO (MFPC.CA) fell by -10.07 percent, with a purchasing price of 446.07 pounds.
- ASEC Co for Mining (ASCM.CA) declined by -10.06 percent to 51.49 pounds.
- Al Ahly for Development and Investment (AFDI.CA) decreased by -10.03 percent, reaching 32.04 pounds.
