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March 14| EGX ends Tuesday on mixed note

The benchmark EGX30 dropped 0.49 percent, or 76.25 points, to end at 15,362.25 points.

Tue, Mar. 14, 2023

FILE- Employees in the EGX following performance of the trading session

The Egyptian Exchange (EGX) ended Tuesday in a semi collective-rise, losing around LE 1.04 billion of the market capitalization, amid foreign selling.
The benchmark EGX30 dropped 0.49 percent, or 76.25 points, to end at 15,362.25 points.
On the other hand, the equally weighted index EGX 50 rose 1.01 percent, or 26.74 points, to end at 2,665.11 points.
The small and mid-cap index EGX 70 increased 1.62 percent, or 44.64 points, to close at 2,794.07 points, and the broader index EGX 100 hiked 1.26 percent, or 51.53 points, at 4,127.28 points.
Market capitalization lost around LE 1.04 billion, recording LE 1 trillion, compared to LE 1.001 trillion in Monday’s session.
The trading volume reached 385.18 million shares, traded through 58,470 transactions, with a turnover of LE 1.23 billion.
Foreign investors were net sellers at LE 148.56 million, while Egyptian and Arab investors were net buyers at LE 128.26 million, and LE 20.29 million, respectively.
Arab and foreign individuals were net sellers at LE 5.21 million, and LE 45,402, respectively, while Egyptian individuals were net buyers at LE 29.83 million.
Egyptian and Arab organizations bought at LE 98.4 million, and LE 25.51 million, respectively, while foreign organizations sold at LE 148.5 million.
Golden Textiles & Clothes Wool, Memphis Pharmaceuticals, and the Egyptian Company for Construction Development-Lift Slab were top gainers of the session at 18.54 percent, 10.70 percent and 10.38 percent, respectively.
Meanwhile, Arab Real Estate Investment CO.-ALICO, Medical Packaging Company, and Middle Egypt Flour Mills were top losers of the session by 9.02 percent, 6.28 percent, and 5.75 percent, respectively.