Egypt Bourse starts the Week in Red Notes

Egypt’s stock started this week with EGP1.6 billion losses (US$ 209.8million) as the market capitalization recorded 488.511 billion pounds at the closing session of Sunday.

Indices

Egypt’s benchmark index, EGX30  dropped by 0.48 percent to 8535.19 points.

EGX20 declined by 0.73 percent to 8716.38 points.

In addition, the mid- and small-cap index EGX70 sagged by 0.16 percent to 456.38 points. The price index, EGX100 inched lower by 0.38 percent to 959.17 points.

Turnovers low

On Sunday, the bourse’s trading volume has hit 51.144 million securities, with turnovers closed at EGP 205.070 million, exchanged through 8.006 thousand transactions.

Also during the closing session, 157 listed securities have been traded in; 84 declined, 34 advanced; while 38 kept their previous levels.

Investors’ Activities

Egyptian and Non-Arab investors were net buyers on Sunday getting 84.59% and 7.37% respectively of the total markets, with a net equity of EGP 3.269 million and EGP 4.645 million, respectively, excluding the deals.

On the contrary, the Arab investors were net sellers seizing 8.04% of the total market, with a net equity of EGP 7.915 million, excluding the deals.