Egypt’s stocks end lower on Tuesday, benchmark EGX 30 tumbles 1.87% on local selloff

By Amwal Al Ghad English On Jul 6, 2021

Egypt’s stock exchange’s (EGX) indexes closed in red on Tuesday, with the benchmark EGX 30 index tumbling by 1.87 percent to 10,155 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) sank 2.49 percent to 2,293 points, while the fixed-weighted index, EGX 30 Capped dived 2.23 percent to 12,603 points. The all-embracing index, EGX 100 edged down 2.52 percent to 3,229 points. Meanwhile, the equal weights index, EGX 50 lost 2.84 percent to 2,111 points.

Market Cap

The country’s market capitalisation has on Tuesday incurred losses worth 13.2 billion Egyptian pounds ($839.7 million), ending the trading at 657.170 billion pounds driven by local investors’ selloff.

Trading Aggregates

Trading value has approximately reached around 3.4 billion pounds, while the trading volume has almost recorded 329.478 million securities executed 42,415 transactions.

EGX EGX 100 EGX 30 EGX 30 Capped EGX 50 EGX 70 Egypt’s stock benchmark Egypt’s stock market