EGX ends lower in first sessions of September

Egyptian Stock Exchange (EGX) ended the first session of September with a collective decline of indexes, as the main market index EGX30 declined by the end of the session by 0.62 percent to close at 9936 points.

This fall considers the second decrease session in a row under pressure from foreign sales dealers amid high trading, while the market capital lost 5.4 billion pounds to close at 679.878 billion Egyptian pounds.

EGX 70 EWI index of small and medium enterprises (SME) declined by 1.63 percent to close at 2165 points, and all-embracing index EGX100 fall by 1.44 percent to close at 3107 points. EGX50 index shrank by 0.93 percent to close at 1885 points.

The total trading value reached about one billion pounds and the quantity recorded 676.9 million papers executed on 46.2 thousand transactions.

Egyptian investors’ buying transactions recorded about 961 million pounds, compared to selling 813 million pounds, with a net amount 148 million pounds.

The Arabs’ transactions in buying reached about 51 million pounds, compared to selling of 37 million pounds, with a net amount 14 million pounds.

However, the foreigners’ transactions in the sale achieved 186 million pounds, compared to purchases 24 million pounds, with a net amount 162 million pounds.