EGX30’s Wounds go deeper, losses L.E2.3 billion in Mid-Day Session

EGX’s losses continued, during the mid-day trading of Sunday, L.E2.3 million as the capital market reached L.E386.289 billion.

The main index, EGX 30 dipped 1.22% to close at 5330.86 p. EGX20 dropped 1.158% to close at 6304.60p.

Meanwhile, the mid- and small-cap index, the EGX70 edged down 0.01% to close at 512.83p. Price index EGX100 slide down 0.45% to close at 864.62p.

The market has recorded values of L.E231.110 million; while the volume traded reached 59.108 million securities executed over 12.713 thousand transactions.

This was after trading in 160 listed securities; 87 down and 54 up while 19 keeping their previous levels.

The main reason for EGX30’s fall is that Egyptians and Arabs were net sellers, with a net equity of L.E4.962 million and L.E8.745 respectively, after excluding deals.

Non- Arab foreign investors were net buyers after controlling 6.88% of the total market, with a net equity of L.E13.708, after excluding deals.