Market Commentary

25/05/2022

The local market headed south today with EGX30 declining 1.61% to close at 10,247.43pts, and ‎EGX70 dropping 3.67% to close at 1,765.31 pts.

Today’s turnover recorded EGP 694mn distributed over 292.7mn shares. Local and Arabs investors stepped in as net buyers with EGP 2.30mn and EGP 10.18mn respectively, while Foreign investors stepped out as net sellers with EGP 7.88mn.  ‎‎Retail accounted for 54.84% of total...

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