The Egyptian Exchange (EGX) has posted losses during Sunday closing worth EGP 3.3 billion as the capital market has amounted to EGP 346.590 billion. The main index, EGX30 slumped 0.96% to end at 4902.07 p. EGX20 dived 1.63% to close at 5659.18 p. Meanwhile, the mid- and small-cap index, the EGX70 inched lower 0.72% to finish at 435.29 p. Price index EGX100 edged down 0.81% to conclude at 744.77 p. Traded volume reached 141.120 million securities worth 372.793 million, exchanged through 24.811 thousand transactions. This was after trading in 177 listed securities; 131 declined and 36 advanced while 10 keeping their previous levels. Egyptians and Arabs were net buyers seizing 91.46% and 4.26% respectively, of the total markets, with a net equity of EGP 5.534 million and EGP 6.027 million excluding the deals. Non-Arab Foreigners were net sellers seizing 4.28% of the total markets, with a net equity of EGP 11.561 million excluding the deals. Leading Shares: EGX's leading shares witnessed collective downwards except for the shares of Orascom Telecom Media & Technology Holding (OTMT.CA) soared 1.96% to finish at EGP 1.56, of Commercial International Bank- Egypt (CIB) (COMI.CA) which went up by 0.21% to close at EGP 29.03 and of Orascom Construction Industries (OCIC.CA) which inched higher 0.02% to end at EGP 255.74. On the other hand, the shares of Talaat Moustafa Group (TMGH.CA) dived 6.98 to finish at EGP 4.40, poised for the biggest drop since March 2011. A panel of judges recommended the annulment of a revised contract that allowed the government to sell a plot of land to Egypt's biggest publicly traded real estate developer for its Madinaty project. Additionally, the shares owned by EFG-Hermes Holding (HRHO.CA) dived by 3.48% to end at EGP 11.09. Shares of Orascom Telecom Holding (OTH) (ORTE.CA) sank 0.61% to conclude at EGP 3.27.
