EGX Losses 3.3 Billion On Selling Pressures

EGX went on incurring losses of L.E 3.3 billion during Sunday’s midday trading, as the capital market reached L.E 359.180 billion.

The main index, EGX 30 slumped 1.28% to reach 4954.50 p. EGX20 edged down 1.48% to reach 5727.14 p.

Meanwhile, the mid- and small-cap index, the EGX70 fell 1.72% to reach 445.25 p. Price index EGX100 downed 1.23% to close at 781.81 p.

The market has recorded values of L.E 87.509 million; while the volume traded reached 26.395 million securities executed over 6.491 thousand transactions.

This was after trading in 142 listed securities; 107 down and 19 up while 16 keeping their previous levels.

Egyptians were net sellers seizing 71.01% of the total market, with net equity of L.E 11.190 million, after excluding deals.

Foreigners were net buyers seizing 24.9% of the total market, with a net equity of L.E 10.976 million, after excluding deals.

Additionally, Arab investors were also net buyers seizing 4.09% of the total market, with a net equity of L.E 213.537 thousand, after excluding deals.