Market Commentary

02/10/2022

The local market headed south today with EGX30 declining 1.43% to close at 9,687.36pts, and ‎EGX70 dropping 1.47% to close at 2,217.31pts.

Today’s turnover recorded EGP 724mn distributed over 501mn shares. Local investors stepped in as net buyers with EGP 39.21mn, while Arabs and Foreign investors stepped out as net sellers with EGP 28.62mn and EGP 10.59mn respectively. ‎‎ Retail accounted for 84.72% of total...

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