Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Egyptian Stock Exchange Posts Collective Decline by End of Trading

Tue 06 Feb 2024 | 07:09 PM
A file photo of the Egyptian Exchange (EGX)
A file photo of the Egyptian Exchange (EGX)
Taarek Refaat

The Egyptian Stock Exchange (EGX) indices declined at the end of Tuesday’s trading session, the middle of the week’s sessions, and the market cap lost EGP 33 billion to closing at EGP 1.945 trillion, compared to EGP 1.978 trillion at the opening.

The EGX30 fell by 1.43% to close at 27,270.63 points. While the EGX70 EWI declined by 0.93% to close at 6759.5 points.

The broader EGX 100 EWI declined by 2.14% to close at 9,584.78 points.

Rising Stocks

The highest rising stocks today were led by the Architectural Engineering Industries for Construction and Development - Econ with a 20% share, closing at EGP 16,920, followed closely by the Talaat Mostafa Holding with a 18.93% share, closing at EGP 44,600, then Emaar Misr Development with a 16.76% share, closing at EGP 6,200.

Fourthly, Contact Financial Holding shares came with a percentage of 11.28%, closing at EGP 4,340, then Accro Misr Metal Formwork and Scaffolding with a percentage of 11.01%, closing at EGP 47,810 pounds.