EGX30 drops 0.17pct, losses record 3mn Egyptian pounds

Egyptian stock market edged lower on Monday with slight losses estimated at 3 million Egyptian pounds.

The market capitalisation reached 632.893 billion pounds during the closing session of Monday.

Indices

Egypt’s benchmark index, EGX30 declined by 0.17 percent to 13264.82 points.

The EGX50 EWI index slid by 0.15 percent to 2068.91 points.

EGX20 sagged by 1.38 percent to 13237.8 points.

In addition, the mid- and small-cap index EGX70 increased by 0.95 percent to 477.37 points. The price index, EGX100 inched up by 0.29 percent to 1158.71 points.

Turnovers up

On Monday, the bourse’s trading volume has reached 475.497 million securities, with turnovers closed at 1.567 billion pounds, exchanged through 39,185 thousand transactions.

Also during the closing session, 182 listed securities have been traded in; 64 declined, 92 advanced; while 26 kept their previous levels.

Investors’ Activities

Arab and non-Arab investors were net buyers on Monday getting 8.29 percent and 9.15 percent respectively of the total markets, with a net equity of 10.598 million pounds and 156.871 million pounds, respectively, excluding the deals.

On the contrary, Egyptian investors were net sellers capturing 82.56 percent of the total market, with a net equity of 167.470 million pounds, excluding the deals.