EGX 30 Falls 0.77%, Ends At 5640 Pts

During Monday’s closing, the Egyptian Exchange (EGX) has pared its midday losses to eventually reach EGP 2.95 billion. The capital market has reached to EGP 376.585 billion during Sunday’s closing session.

The EGX indices closed in red.

The main index, EGX30 went down by 0.77% to end at 5640.75 p. EGX20 dipped by 1.07 % to close at 6407.25 p.

Meanwhile, the mid- and small-cap index, the EGX70 dived by 1.30% to conclude at 451.61 pts.  Price index EGX100 pushed down 1.29% to finish at 780.9 p.

During Monday’s closing, the trading volume has reached 99.342 million securities worth EGP 406.550 million, exchanged 17.695 thousand transactions.

This was after trading in 171 listed securities; 122 declined, 19 advanced; while 30 keeping their previous levels.

EGX’s closing losses were driven by non-Arab foreigners’ selling pressures as they were net sellers seizing 24.23% of the total markets, with a net equity of EGP 105.622 million excluding the deals.

Meanwhile, Egyptians and Arabs were net buyers seizing 71.41% and 4.35% respectively, of the total markets, with a net equity of EGP 90.010 million and EGP 15.612 million excluding the deals.