Market Commentary
22/03/2023
The local market headed south today with EGX30 declining 0.47% to close at 15,253.22pts, and EGX70 dropping 1.36% to close at 2,733.94pts.
Today’s turnover recorded EGP 1.43bn distributed over 518.2mn shares. Local and Arab investors stepped in as net buyers with EGP 56.33mn and EGP 15.83mn respectively, while Foreign investors stepped out as net sellers with EGP 72.16mn. Retail accounted for 71.05% of...
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