EGX ends Monday in semi-collective rise yet market cap. turns to loses

he Egyptian Exchange (EGX) ended Monday’s session in a semi-collective rise however  market capitalization has lost 1.02 billion Egyptian pounds  amid foreign selling.

The benchmark EGX30 dipped 0.58 percent, or 62.75 points, to close at 10,668.42 points.

On the other hand, the equally weighted index EGX 50 rose 0.06 percent, or 0.89 points, to end at 1,616.07 points, and the broader index EGX 100 increased 0.22 percent, or 4.46 points to 2,039.15 points.

The small and mid-cap index EGX 70 inched up 0.24 percent, or 3.1 points, to close at 1,286.61 points.

Market capitalization lost1.02 billion pounds , recording 571.75 billion pounds , compared to 571.73 billion  pounds in Sunday’s session.

The trading volume reached 285.9 million shares, traded through 35,023 transactions, with a turnover of 1.39 billion pounds .

Foreign investors were net sellers at 180.45 million pounds , while Egyptian and Arab investors were net buyers at 179.13 million pounds , and 1.32 million pounds , respectively.

Egyptian and Arab individuals were net buyers at  55.42 million pounds , and 4.54 million pounds , respectively, while foreign individuals were net sellers at 1.08 million pounds .

Egyptian organizations bought at 123.7 million pounds , while Arab and foreign organizations sold at pounds 3.2 million, and 179.37 million pounds , respectively.