Egypt Shares Open Lower this Week with EGP1.3 billion Losses

Egypt’s stocks opened lower incurring early losses worth EGP1.3 billion amid Egyptian investors’ selling on Sunday opening.

Indices

The Benchmark EGX30 dived by 0.75 % to 9624.72p, and EGX20 pushed down by 0.75% to 9624.72p.

In addition, the mid- and small-cap index, the EGX70 tumbled by 0.26% to 618.68p.  Price index EGX100 sagged by 0.43% to 1139.08p.

Furthermore, market capitalization reached EGP 523,235billion on the session of Sunday opening.

Trading Volumes & Values

The trading volume has recorded 4.2 million securities worth EGP 8.7 million, exchanged through 393 thousand transactions during Sunday opening.

Also during the opening session, 37 listed securities have been traded in; 15 fell, 4 advanced; while 21 keeping their previous levels.

Investors’ Activities

Egyptian investors were net sellers at early trade on Sunday with a net equity of EGP 1.2 million seizing 93.18% from the total value of trade on Sunday.

Arab investors were net buyers at early trade on Sunday with a net equity of EGP825.9 thousand, acquiring 2.36% and 4.46%.