Egypt Shares End Lower this Week Incurring EGP10.3bn Losses

Egypt’s stocks ended trading on Thursday lower losing 1.03 billion Egyptian pounds driven by foreign investors’ selling. The main stock index, EGX30 retreated below 9552.01 points.


Egypt’s benchmark index EGX30 ended 0.37 per cent lower to 9552.01pts; while EGX20 tumbled by 0.27 per cent down to 11204.38pts.     
In addition, the mid- and small-cap index, the EGX70 went up by 0.26 per cent to end at 651.69 pts. The price index EGX100 rose by 0.17per cent to conclude at 1182.82pts.  
Furthermore, the market capitalization recorded EGP 524.659 billion on Thursday.


Through the closing session of Thursday, the trading volume has reached 100.254 million securities, with turnovers worth EGP 534.93 million, exchanged through 24.7 thousand transactions.               
Also during the closing session, 183 listed securities have been traded in; 61 declined, 96 advanced; while 24 kept their previous levels.

Investors’ Activities

Egyptian investors were net sellers seizing on Thursday 30.12% of the total markets, with a net equity of EGP35.9 million, excluding the deals.

On the other hand, Arab and Egyptian investors were net buyers capturing 64.72% , 5.15% respectively of the total market, with a net equity of EGP 19.6 million and EGP16.3 million, excluding the deals.