Market Commentary
26/05/2022
The local market headed south today with EGX30 declining 0.46% to close at 10,200.56pts, and EGX70 dropping 1.07% to close at 1,746.37 pts. Over the week, EGX30 decreased 3.31% and EGX70 dipped 4.71%.
Today’s turnover recorded EGP 572mn distributed over 251mn shares. Foreign investors stepped in as net buyers with EGP 14.91mn, while Local and Arabs investors stepped out as net sellers with EGP 10.84mn and EGP...
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