ICEC

EGX losses L.E891 m in Tuesday’s First Minutes Trading, EGX30 retreats to 0.40%

The EGX has encountered losses of L.E891 million during Tuesday’s morning trading. Therefore, the market capital of the listed stocks has reached L.E378.780 billion. EGX30 has witnessed a slump of 0.40% to reach 5197.39p. EGX20 has also witnessed a dip of 0.02% to reach 6137p. EGX70 has had a decrease of 0.06% to reach 507.60p; the EGX100 has a down of 0.24% to reach 850.20p. The market has recorded turnovers of L.E42.607 million through a volume of trading amounted to 6.298 million shares for 1.150 thousand transactions. This was after trading in 78 listed securities; 35 of them downed and 27 rose while 16 others remained with no change. The main reason for the EGX30’s fall is that the Egyptian and Arab investors were responsible for the selling activity. Egyptians have made up of 60.87% of the total market recording L.E1.096 million as the difference amount between their sales and purchases. The Arabs have made up of 4.3% of the total market recording L.E201 thousand as the difference amount between their sales and purchases. On the other hand, foreign investors inclined towards purchasing activities as they have made up 34.82% of the total market recording L.E194 thousand as the difference amount between their purchases and sales.
Amwal Al Ghad

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