Market Commentary

24/09/2020

The local market headed south today with EGX30 declining 0.62% closing at 10,911.44pts, and EGX70 declining 0.46% to close at 2,000.45pts. Over the week EGX30 declined 1.26%, while EGX70 increased 3.35%.

Today’s turnover recorded EGP 1,265.2mn distributed over 410.1mn shares. ‎ Local  ‎‎ and Arab ‎‎investors stepped in as net buyers with EGP 107.8mn and EGP 28.6mn respectively, while Foreign ‎‎investors stepped out as net sellers...

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