Egypt’s Main Gauge Dives 2.2% , Ends Below 4525 Pts

Egypt’s stock market has ended Sunday’s sessions encountering losses totaled at EGP 5.16 billion.

Egypt’s benchmark index EGX30 dived by 2.19% to close at 4524.73 p to the lowest in a year.; the EGX20, it also edged down by 1.63% to end at 4986.2 p.

Meanwhile, the mid- and small-cap index, the EGX70 sank by 1.61% to conclude at 348.81 p.  The price index EGX100 also pushed down by 1.88% to finish at 613.69 p.

The capital market has closed at EGP 311.044 billion on Sunday afternoon.

Traded Volumes & Trades

Through the closing session of Sunday, the trading volume reached 46.254 million securities. For the traded value, it reached EGP 135.955 million, exchanged through 7.816 thousand transactions.

Also during the closing session of Thursday, 153 listed securities have been traded in; 54 declined, 71 advanced; while 28 keeping their previous levels.

Investors’ Activity

Egyptians’ selling pressures have triggered EGX’s closing losses as they were net sellers seizing 92.79% of the total markets, with a net equity of EGP 24.309 million, excluding the deals.

Meanwhile, the non-Arab foreigners and Arabs were net buyers seizing 4.17% and 3.04% respectively, of the total markets, with a net equity of EGP 9.654 million and 14.654 million excluding the deals.