Egypt’s stocks ended trading on Sunday lower losing 14.48 billion Egyptian pounds driven by Arab and Foreign investors’ profit-taking. The main stock index, EGX30 retreated below 9163.81 points.
Egypt’s benchmark index EGX30 ended 4.06 per cent lower to 9163.81 pts; while EGX20 finished 4.8 per cent down to 10666.48 pts.
In addition, the mid- and small-cap index, the EGX70 sagged by 3.72 per cent to end at 627.43 pts. The price index EGX100 tumbled by 3.58 per cent to conclude at 1140.52 pts.
Furthermore, the market capitalization recorded EGP 510.169 billion on Sunday.
Through the closing session of Sunday, the trading volume has reached 190.395 million securities, with turnovers worth EGP 708.970 million, exchanged through 33.064 thousand transactions.
Also during the closing session, 189 listed securities have been traded in; 161 declined, 13 advanced; while 12 kept their previous levels.
Arab and Foreign investors were net sellers seizing on Sunday 6.29% and 11.19% respectively of the total markets, with a net equity of EGP 6.14 million and EGP 6.6 million respectively, excluding the deals.
On the other hand, Egyptian investors were net buyers capturing 82.52% of the total market, with a net equity of EGP 12.7 million, excluding the deals.