EGX Indexes go Dark Red On Pope Shenouda’s Death

On Sunday’s closing session, the EGX has managed to slightly shrink its midday losses reaching L.E 5.12 billion as the capital market amounted to L.E 370.115 billion.

The main index, EGX 30 went down 2.03% to close at 5064.4 p. EGX20 downed 2.22% to close at 5906.47 p.

Meanwhile, the mid- and small-cap index, the EGX70 dipped 1.45% to close at 478.2 p. Price index EGX100 decreased 1.50% to close at 817.3 p.

Trades came to 17.752transactions; worth L.E 210.514 million and volume amounted to 71.668 million shares.

This was after trading in 166 listed securities; 130 down and 29 up while 7 keeping their previous levels.

Pope Shenouda III died Saturday at the age of 88 after battling liver and lung problems for several years, and a doctor who treated him several years ago said he suffered from prostate cancer that had spread to his lungs.