Egypt’s stocks close lower on Monday, benchmark EGX 30 falls 0.33%

By Amwal Al Ghad English On Feb 28, 2022

Egypt’s stock exchange (EGX) ended lower on Monday, with the benchmark EGX 30 index falling by 0.33 percent to 11,138 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) slid by 1.58 percent to 1,819 points, while the fixed-weighted index, EGX 30 Capped dipped by 0.02 percent to 13,403 points. In addition, the equal weights index, EGX 50 decreased by 0.99 percent to 1,893 points.

The all-embracing index, EGX 100 inched 1.27 percent lower to 2,787 points.

Market Cap

The country’s market capitalisation has incurred massive losses worth 2.4 billion Egyptian pounds ($156.2 million), ending the trading at 701.995 billion pounds.

Trading Aggregates

Trading value has approximately reached around 814 million pounds, while the trading volume has almost recorded around 247 million securities executed 29,000 transactions.