The Egyptian Exchange (EGX) closed lower on Monday, as the market saw broad-based declines across major indices. The EGX30 index fell 1.13 per cent to end the session at 31,355.82 points. The EGX33 Shariah-compliant index dropped 0.87 per cent to 3,221.48 points. Small and mid-cap stocks also came under pressure. The EGX70 index declined 0.78 per cent to 9,259.37 points, while the broader EGX100 index shed 0.81 per cent to finish at 12,556.89 points. Total market capitalisation stood at 2.22 trillion Egyptian pounds. Egyptian investors were net sellers with a total of 2.89 billion pounds. In contrast, Arab and non-Arab foreign investors were net buyers, purchasing 462 million and 2.43 billion pounds worth of shares, respectively. Top gainers 1. Shares of Northern Upper Egypt Development and Agricultural Production jumped by 8.25 per cent, to close at the price of 3.280 Egyptian pounds a share. 2. Shares of Egyptian Real Estate Group climbed by 7.43 per cent, to trade at the price of 1.070 Egyptian pounds a share. 3. Shares of Egyptian for Tourism Resorts soared by 6.89 per cent, to the purchasing price of 9.000 Egyptian pounds a share. Top losers 1. Shares of Minapharm Pharmaceuticals plunged by 13.03 per cent, to close at 219.500 Egyptian pounds a share. 2. Shares of Al Tawfeek Leasing Company-A.T.LEASE slipped by 7.26 per cent, to close at 4.600 Egyptian pounds a share. 3. Shares of General Company for Land Reclamation, Development, and Reconstruction dived by 6.03 per cent, to close at the price of 64.390 Egyptian pounds a share. Subediting: Y.Yasser
