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16675 / +20(2)33357575

shd@sigma-capital.com

24-03-2025

China Stocks Rebound, Snapping Three-Day Decline

Source: MIST

Trading Economics-


The Shanghai Composite edged up 0.15% to close at 3,370, while the Shenzhen Component added 0.07% to 10,695 on Monday, as mainland stocks reversed early losses and snapped a three-day losing streak amid improving risk sentiment.Meanwhile, Chinese Premier Li Qiang reiterated the need for greater market openness to counter global instability at the China Development Forum in Beijing on Sunday, where US Senator Steve Daines and Apple CEO Tim Cook were in attendance. Among the session’s top performers were Wolong Electric (10%), Victory Giant (5.8%), Beijing Highlander (6.1%), Zijin Mining (2.7%), and Eoptolink Technology (4.6%).

Market HighLights

EGX30

Indices

NameLastChCh%
EGX30 32,285.45 73.70 %0.23
EGX100 12,986.63 38.15 %0.29
EGX70E 9,565.60 43.93 %0.46
EGX30C 40,207.20 28.02 %0.07

Market Breadth ***

Declining : Advancing    1.08 : 1

shares

Advancing10144%
Declining10947%
Unchanged187%
Total228
T/O (EGP Mn)380318721721210
Volume (Mn)157594356170
*** Equities only, OPR not Include, OTC included

Sector Ranking by Activity

Sector NameT/O (EGP Mn) Mkt %
Real Estate and Hotels778.4820.47
Financial Services & Electronic Payments719.5318.92
Industrial, Construction and Materials625.7816.45
Food and Beverage477.4712.55
Other286.397.53
Healthcare and Pharmaceuticals262.356.90
Banks251.306.61
Chemicals136.473.59
Transportation, Shipping and Logistics110.912.92
Consumer Discretionary75.541.99
Energy54.191.42
Technology, Media and Telecom15.540.41
Education9.620.25