EGX 30 Closes Below 5290 Pts On Local, Arab Sellers

During the closing session of Monday, the Egyptian Exchange (EGX) has posted losses of EGP 739 million. The capital market has amounted to EGP 365.966 billion.

The indices closed in red.

The main index, EGX30 inched lower by 0.29% to end at 5288.49 p. EGX20 dipped by 0.28% to close at 6070.39 p.

Meanwhile, the mid- and small-cap index, the EGX70 pushed down by 1.24% to conclude at 471.19 pts.  Price index EGX100 edged down by 0.78% to finish at 788.89 p.

Traded volume reached 132.091 million securities worth EGP 443.706 million, exchanged 28.710  thousand transactions.

This was after trading in 174 listed securities; 113 declined, 38 advanced; while 23 keeping their previous levels.

The EGX’s closing fall was driven by Egyptians and Arabs’ selling pressures as they were net sellers seizing 80.45% and 5.38% respectively, of the total markets, with a net equity of EGP 16.869 million and EGP 2.351 million excluding the deals.

Meanwhile, the non-Arab foreigners were net buyers seizing 14.17% of the total markets, with a net equity of EGP 19.221 million excluding the deals.

Leave a comment