Shares in Egypt Lose EGP2 bln at Close

Arabs turned to net sellers dragging Egypt’s stocks ended much lower on Monday amid incurring losses totaled EGP 2.4 billion. The main index ended below 5450 pts on Monday afternoon.

The Egyptian Exchange indices were wavering in red notes during the closing session of Monday.

Egypt’s benchmark index EGX30 inched down by 1.07% to close at 5244.51 pts; while the EGX20 sagged by 1.01% to end at 6100.12 p. 
Meanwhile, the mid- and small-cap index, the EGX70 dropped by 0.49% to conclude at 443.83 p. The price index EGX100 dipped by 0.62% to finish at 748.53 p.

The capital market has closed at EGP 353.726 billion on Monday.

Traded Volumes & Trades
Through the closing session of Monday, the trading volume has reached 67.570 million securities. For the traded value, it hit EGP 218.816 million, exchanged through 15.269 thousand transactions.   

Also during the closing session, 156 listed securities have been traded in; 94 declined, 35 advanced; while 27 keeping their previous levels.

Investors’ Activity
Arabs were net sellers seizing 3.26% of the total market, with a net equity of EGP 2.253 million, excluding the deals.

Meanwhile, Egyptians and the non-Arab foreigners were net buyers seizing 85.31% and 11.43% respectively, of the total market, with net equities of EGP 322.230 thousand and EGP 1.931 million, excluding the deals.