Egypt’s stocks close in red on Tuesday as benchmark EGX 30 falls 0.72%

Egypt’s stock exchange (EGX) has close lower on Tuesday, with the benchmark EGX 30 index falling by 0.72 percent to 11,195 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dived by 6.7 percent to 2,481 points. The all-embracing index, EGX 100 sank by 4.99 percent to 3,459 points.

Market Cap   

The country’s market capitalisation has posted gains on Tuesday worth around 9 billion Egyptian pounds ($573 million), ending the trading at 733.6 billion pounds driven by local investors’ selloff.

Trading Aggregates            

Trading value has approximately reached around 5.4 billion pounds, while the trading volume has almost recorded 468.6 million securities executed 49,000 transactions.