Egypt achieves record primary budget surplus of EGP 629bn despite sharp fall in Suez Canal revenues    Escalation in Gaza, West Bank as Israeli strikes continue amid mounting international criticism    Egypt recovers collection of ancient artefacts from Netherlands    Resumption of production at El Nasr marks strategic step towards localising automotive industry: El-Shimy    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, UNDP discuss outcomes of joint projects, future environmental cooperation    United Bank achieves EGP 1.51bn net profit in H1 2025, up 26.9% year-on-year    After Putin summit, Trump says peace deal is best way to end Ukraine war    Jordan condemns Israeli PM remarks on 'Greater Israel'    Egypt's Supreme Energy Council reviews power supply plans for 14 industrial projects    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egypt's FM discusses Gaza, bilateral ties in calls with Saudi, South African counterparts    Egypt prepares to tackle seasonal air pollution in Nile Delta    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egyptian pound closes high vs. USD on Tuesday – CBE    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    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 Loses EGP 1.75 On Foreign Selling Pressures; Midday
Published in Amwal Al Ghad on 14 - 05 - 2012

On Monday's midday session, the EGX extended its early losses to reach EGP 1.75 billion as the capital market has amounted to EGP 357.637 billion at 10:48 GMT (12:48 p.m in Cairo).
The main index, EGX30 slumped 0.58% to close at 5053.56 p. EGX20 inched lower 0.88% to close at 5879.76 p.
Meanwhile, the mid- and small-cap index, the EGX70 fell 0.62% to close at 435.64 p. Price index EGX100 edged down 0.49% to close at 791.87 p.
Traded volume reached 45.298 million securities worth EGP 203.810 million, exchanged through 9.640 thousand transactions.
This was after trading in 146 listed securities; 108 declined and 24 advanced while 14 keeping their previous levels.
Egyptians were net buyers seizing 73.39% of the total markets, with a net equity of EGP 59.184 million, excluding the deals.
On the other hand, non-Arab Foreigners and Arabs were net sellers seizing 21.53% and 5.09% respectively, with a net equity of EGP 55.321 million and EGP 3.862 million, excluding the deals.
EGX's leading shares have witnessed steeply downwards led by EFG-Hermes Holding (HRHO) which dived 3.64% to hit EGP 12.69.
Commercial International Bank- Egypt (COMI) also edged down 0.04% to reach EGP 26.25. Orascom Construction Industries (OCIC) slumped 0.45% to hit EGP 279.
In the meanwhile, the shares that kept their previous levels were Orascom Telecom Holding (OTH) (ORTE) reaching EGP 3.38 and Orascom Telecom Media & Technology Holding (OTMT) hitting EGP 1.41.


Clic here to read the story from its source.