Egypt’s stocks end lower on Monday, benchmark EGX 30 falls 0.58%

Egypt’s stock exchange (EGX) finished in red notes on Monday, with the benchmark EGX 30 index tumbling by 0.58 percent higher to 10,419 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dropped by 0.29 percent to 1,837 points, while the fixed-weighted index, EGX 30 Capped went down by 0.54 percent to 12,814 points. In addition, the equal weights index, EGX 50 decreased by 0.56 percent to 1,834 points.

The all-embracing index, EGX 100 inched 0.42 percent lower to 2,772 points.

Market Cap   

The country’s market capitalisation has incurred losses worth 2.35 billion Egyptian pounds ($149.7 million), ending the trading at 677.913 billion pounds, driven by Arab and foreign investors’ selloff.

Trading Aggregates            

Trading value has approximately reached around 771.016 million pounds, while the trading volume has almost recorded around 195.342 million securities executed 25,439 transactions.