Egypt’s bourse closed Sunday’s trading lower with losses amounting to 688 million Egyptian pounds driven by local investors’ selling pressures. Consequently, the country’s main stock index, EGX30 fell to 8775.
The Egyptian Exchange’s indices were wavering in red notes during the closing session of Sunday.
Egypt’s benchmark index EGX30 ended 0.25 per cent lower to 8775.02 pts; and EGX20 finished 0.17 per cent down to 10084.87 pts.
In addition, the mid- and small-cap index, the EGX70 pushed down by 0.89 per cent to finish at 587.2 pts. The price index EGX100 dropped by 0.74 per cent to conclude at 1069.39 pts.
Furthermore, the market capitalization recorded EGP 495.358 billion on Sunday.
Turnovers below EGP One billion
Through the closing session of Sunday, the trading volume has reached 219.185 million securities, with turnovers worth EGP 629.960 million, exchanged through 25.303 transactions.
Also during the closing session, 175 listed securities have been traded in; 114 declined, 41 advanced; while 20 kept their previous levels.
Local investors were net sellers on Sunday seizing 84.73% of the total market, with a net equity of EGP 33.464 million, excluding the deals.
On the other hand, Arab and the non-Arab foreign investors remained net buyers attaining 8.76% and 6.51% respectively of the total markets, with a net equity of 8.112 million and EGP 25.352 million, respectively, excluding the deals.