EGX Pares Its Losses, EGX30 Nears 4900 Pts

Amid Thursday’s midday session, the EGX posted losses of EGP 341 million as the capital market amounted to EGP 348.604 billion at 11.52 GMT (1:52 Cairo time).

The main index, EGX30 dropped 0.27% to reach 4893.83 p. EGX20 went down 0.32% to reach 5683.99 p.

Meanwhile, the mid- and small-cap index, the EGX70 sagged  0.44% to reach 420.14 p. Price index EGX100 fell 0.27% to close at 766.81 p.

Traded volume reached million 42.211 million securities worth EGP 116.343 million, exchanged through 7.005 thousand transactions.

This was after trading in 141 listed securities; 77 declined and 42 advanced while 22 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 62.83% and 10.56% respectively of the total markets, with a net equity of EGP 26.035 million and EGP 2.991 million, excluding the deals.

On the other hand, non-Arab Foreigners were net sellers seizing 26.62%, with a net equity of EGP 29.027 million excluding the deals.