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Egyptian Stock Exchange indices end week in red

5 years ago
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The Egyptian Stock Exchange’s (EGX) indices witnessed a negative performance on March 4.

The benchmark index EGX 30 decreased 0.52% to close at 11,333.86 points. 

The small and medium-sized enterprises index EGX 70 went down 0.24% to close at 2,185.69 points, while the broader index EGX 100 closed at 3,198.81 points, marking a decrease of 0.15%.

Trading volume reached 538 million shares executed through 40,181 transactions, with a total value of EGP 1.163 billion ($74 million). Market capitalization amounted to EGP 689.866 billion ($43.9 billion).

Egyptian investors made up 83.31% of total transactions, while foreign and Arab investors accounted for 11.54% and 5.15%, respectively.

Individuals represented 73.71% of total trades, while institutions contributed to 26.28%.

The top five performers by trading volume were Porto Group, Arabia Investments Holding, Orascom Investment Holding, Orascom Financial Holding, and  Arab Company for Asset Management and Development.

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However, the worst top performers by price were New Ismailia for Urban Development Company,  El Ebour Company for Real Estate Investment, Sinai Cement, Sheeni Egypt, and Wadi Kom Ombo Land Reclamation.

Source: arabfinance
Via: norvanreports
Tags: benchmark index EGXEgyptian Stock Exchange’s (EGX)foreign and Arab investorsmarket capitalization
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