Egypt’s main index falls 2.5% in week

Egypt’s stock market incurred weekly losses worth 3.5 billion Egyptian pounds as main index, EGX30 tumbled 2.5 percent.

Market Cap

Market capitalisation ended at 444.068 billion pounds last Thursday, compared to 484.908 billion pounds at the end of a week earlier.

Indices

EGX30 registered its highest point on Tuesday closing at 6097.45 points, whereas its lowest point recorded on Thursday at 5713.35 points.

In addition, the mid- and small-cap index, the EGX70 edged up in a week by 2.4 percent closing at 344 points during Thursday’s session, compared to 336 points at the end of a week earlier.
The price index, EGX100 went down 0.4 percent finishing at 692 points during Thursday’s session, from 695 points at the end of a week earlier.

Turnovers
Through last week, the trading volume hit around 1.5 billion securities, compared to 1.3 billion. For the traded value, it reached 5.8 billion pounds against 3.6 billion pounds a week earlier.