Egyptian stock market concluded Monday with losses estimated at 2.7 billion Egyptian pounds (US$ 303 million) on local and Arab selling off.
The market capitalisation reached 400.312 billion pounds during the closing session of Monday.
Egypt’s benchmark index, EGX30 dropped by 0.83 percent to 7342.46 points.
The newly-launched EGX50 EWI index went down by 0.35 percent to 1404.04 points.
EGX20 sagged by 01.89 percent to 7685.19 points.
In addition, the mid- and small-cap index EGX70 decreased by percent 0.41 % to 361.23 points. The price index, EGX100 decreased by 0.41 percent 772.8 points.
On Monday, the bourse’s trading volume has hit 202.799 million securities, with turnovers closed at EGP 609.840 million, exchanged through 23,073 thousand transactions.
Also during the closing session, 180 listed securities have been traded in; 96 declined, 39 advanced; while 44 kept their previous levels.
Local and Arab investors were net sellers on Monday seizing 74.39 % and 8.75 % respectively of the total markets, with a net equity of 86.339 million pounds and 2.537 million pounds, respectively, excluding the deals.
On the contrary, the Arab foreign investors were net buyers getting 16.88 % of the total market, with a net equity of EGP 88.77 million excluding the deals