Egypt’s stocks ended trading on Tuesday lower losing 1.1 billion Egyptian pounds driven by local and Arab investors’ profit-taking. The main stock index, EGX30 retreated below 8570 points.
Meanwhile, the EGX indices were wavering in red notes during the closing session of Tuesday, except for the price index EGX100 which solely rose.
Egypt’s benchmark index EGX30 ended 0.31 per cent lower to 8567.06 pts; while EGX20 finished 0.31 per cent down to 10381.67 pts.
In addition, the mid- and small-cap index, the EGX70 sagged by 0.30 per cent to end at 602.31 pts. The price index EGX100 increased by 0.06 per cent to conclude at 1056.85 pts.
Furthermore, the market capitalization recorded EGP 488.771 billion on Tuesday.
Turnovers below EGP 1 Billion
Through the closing session of Tuesday, the trading volume has reached 212.529 million securities, with turnovers worth EGP 780.157 million, exchanged through 23.634 thousand transactions.
Also during the closing session, 169 listed securities have been traded in; 102 declined, 51 advanced; while 13 kept their previous levels.
Egyptian and Arab investors were net sellers seizing on Tuesday 83.72% and 6.59% respectively of the total markets, with a net equity of EGP 17.353 million and EGP 6.562 million respectively, excluding the deals.
On the other hand, non-Arab foreign investors were net buyers capturing 9.69% of the total market, with a net equity of EGP 23.916 million, excluding the deals.