EGX’s Main Index In Dark Red On Foreign Selling Pressures

On Sunday’s closing session, the EGX incurred losses of L.E 4.3 billion as the capital market amounted to L.E 347.220 billion.

The main index, EGX 30 went down 2.17% to close at 4722.41 p. EGX20 fell 1.90% to close at 5429.5 p.

Meanwhile, the mid- and small-cap index, the EGX70 rose 0.13% to close at 438.3 p. Price index EGX100 dropped 0.54% to close at 767.1 p.

Traded volume reached million 87.996 securities, at a value of L.E 239.127 million, exchanged through 17.699 thousand transactions.

This was after trading in 171 listed securities; 104 down and 50 up while 17 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 95.27%, and 2.26% respectively, with a net equity of L.E 20.373 million and L.E 27.469  million, excluding the deals.

On the other hand, the reason for the EGX30’s decline is that  the non-Arab Foreigners were net sellers seizing with a net equity of L.E 27.469 million, excluding the deals.