Egypt's c. bank issues EGP 19b T-bonds fixed coupon    Egypt backs Sudan sovereignty, urges end to El-Fasher siege at New York talks    Egyptian pound weakens against dollar in early trading    Egypt's PM heads to UNGA to press for Palestinian statehood    As US warships patrol near Venezuela, it exposes Latin American divisions    More than 70 killed in RSF drone attack on mosque in Sudan's besieged El Fasher    Al-Wazir launches EGP 3bn electric bus production line in Sharqeya for export to Europe    Egypt, EBRD discuss strategies to boost investment, foreign trade    DP World, Elsewedy to develop EGP 1.42bn cold storage facility in 6th of October City    Global pressure mounts on Israel as Gaza death toll surges, war deepens    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt expands medical, humanitarian support for Gaza patients    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt's Cabinet approves Benha-Wuhan graduate school to boost research, innovation    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



EGX 30 Dives 1.49%, Ends Below 5720 Pts
Amwal Al Ghad Published in Amwal Al Ghad on 21 - 10 - 2012

During Sunday closing session, the Egyptian Exchange (EGX) has extended posting losses which hit EGP 3.7 billion as the capital market has amounted to EGP 394.338 million.
The EGX indices closed in dark red.
The main index, EGX30 pushed down by 1.49% to end at 5716.79 p. EGX20 dived by 1.52% to close at 6679.42 p.
Meanwhile, the mid- and small-cap index, the EGX70 fell by 1.14% to conclude at 527.27 pts. Price index EGX100 inched lower by 1.11% to finish at 873.69 p.
Traded volume reached 121.387 million securities worth EGP 314.239 million, exchanged 21.858 thousand transactions.
This was after trading in 171 listed securities; 124 declined 27 advanced while 20 keeping their previous levels.
EGX's losses were due to Egyptians as well as Arabs' selling pressures.
Egyptians and Arabs were net sellers seizing 82.77% and 7.85% respectively, of the total markets, with a net equity of EGP 8.560 million and EGP 4.028 million excluding the deals.
On the other hand, the non-Arab Foreigners were net buyers seizing 9.38% of the total markets, with a net equity of EGP 12.588 million excluding the deals.
Leading Shares:
EGX's leading shares witnessed downwards.
EFG-Hermes:
EFG-Hermes Holding (HRHO.CA) dived by 2.23% to finish at EGP 11.86.
Citadel Capital:
Citadel Capital (CCAP.CA)'s stock sank by 1.68% to close at EGP 4.09.
Orascom Telecom Media & Technology Holding:
Orascom Telecom Media & Technology Holding (OTMT.CA) dipped by 1.67% to end at EGP 0.59.
Orascom Construction Industries:
Orascom Construction Industries – OCI (OCIC.CA)'s stock fell by 1.19% to end at EGP 265.29.
Orascom Telecom Holding:
Orascom Telecom Holding (OTH) (ORTE.CA) inched lower by 0.53% to conclude at EGP 3.72.
Orascom Telecom Holding and its Russian parent Vimpelcom have agreed to provide one another with technical and commercial services to improve the efficiency of their businesses, Orascom said on Sunday.
Orascom said it was changing its name to Global Telecom Holding SAE after Vimpelcom took control of the Egyptian company last year in a deal worth around $6 billion.
It further added that Orascom planned to take control of Canada's Globalive Investment Holding Corp. after changes to Canada's foreign ownership laws. The change requires the approval of Canadian investment authorities, expected by early next year.

Clic here to read the story from its source.