EGX indexes go in Red in Midday: Government Confidence Withdrawal Repercussions

Big 5

On Tuesday’s midday session, the EGX incurred losses approximately reached L.E 4.6 billion as the capital market amounted to L.E 374.998 billion. The EGX’s decline was the repercussions of withdrawing Ganzouri’s government confidence during the parliament’s session held on Sunday.

The main index, EGX 30 slipped down 1.43% to close at 5148.29 p. EGX20 dropped by 2.13% to close at 6000.42 p.

Meanwhile, the mid- and small-cap index, the EGX70 dipped 2.16% to close at 486.24 p. Price index EGX100 edged down 1.55% to close at 831.09 p.

The total value traded recorded L.E 238.744 million; while the total volume traded reached 71.621 securities executed over 15.586 thousand transactions this week.

This was after trading in 170 listed securities; 135 down and 27 up while 8 keeping their previous levels.

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