Arab Today, arab today egyptian stocks take further dip ahead of eid holiday
Last Updated : GMT 15:53:35
Arab Today, arab today
Arab Today, arab today

Egyptian stocks take further dip ahead of Eid holiday

Arab Today, arab today

Arab Today, arab today Egyptian stocks take further dip ahead of Eid holiday

Cairo - Arabstoday

Egyptian stocks took another modest dip on Tuesday as trade slowed in the run-up to the Eid Al-Adha holidays. The benchmark EGX30 slipped 0.37 per cent to 5,700 points, its lowest level in nearly a month, prompted by steep declines for a handful of market heavyweights. Gainers outnumbered losers, however, with 100 of the day\'s 165 traded stocks registering climbs -- a performance reflected in the broader-based EGX70 which edged up 0.93 per cent. Market volume was a modest LE379.82m ($62.248m), with both local and non-Egyptian investors rolling back their involvement ahead of a four-day market closure which starts Thursday. Orascom Construction Industries led the decline, hit by news that representatives will meet authorities next week in an attempt to resolve a dispute over back-dated taxes. OCI, Egypt\'s largest listed firm, saw the day\'s second heaviest trade -- worth some LE32.6 million -- with its shares tumbling 1.49 per cent by close of play. National Societe Generale Bank (NSGB) wasn\'t far behind. It saw the day\'s fourth largest trade, but slipped 0.74 per cent as investors await final confirmation of a takeover by Qatar National Bank. These high-cap losses were balanced by solid gains for property firm Palm Hills Development, which surged 2.73 per cent, and investment bank EFG-Hermes, up nearly 1 per cent. Egyptians were the day\'s sole net-buyers, scooping up LE4.4 million more than they sold, fulled by a solid performance by individual investors. Non-Arab investors were mild net-sellers, offloading a net LE978,000. From: Ahram Online

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today egyptian stocks take further dip ahead of eid holiday Arab Today, arab today egyptian stocks take further dip ahead of eid holiday

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday