EGX Indices Remain in Red; Midday

After 2-day suspending over Easter holidays, EGX resumed trading witnessing losses of EGP 1.099 billion as the capital market amounted to EGP 344.457billion at 10:30 GMT.

The main index, EGX 30 slumped 0.71% to reach 4701.52 p. EGX20 went down 0.73% to reach 5420.89 p.

Meanwhile, the mid- and small-cap index, the EGX70 sagged 0.85% to reach 430.63 p. Price index EGX100 decreased 0.70% to reach 756.51 p.

Traded volume reached million 98.602 securities, at a value of EGP 27.986 million, exchanged through 5.848 thousand transactions.

This was after trading in 134 listed securities; 95 down and 26 up while 13 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 83.35% and 3.04% respectively of the total markets, with a net equity of EGP 13.892million and EGP 494.687 million, excluding the deals.

On the other hand, the EGX30’s downwards was because the non-Arab Foreigners were net sellers seizing 13.61%, with a net equity of EGP 14.387million, excluding the deals.