Egypt’s Shares Fell by EGP476 million at Opening Today

Egypt’s shares opened lower on Monday incurring losses of EGP 476 million battered by Arab selling pressures, so the marketing capital reached EGP442.793 billion.

The Benchmark EGX30 declined by 0.43 % to 7186.6p; while EGX20 fell by 0.78 % to 48458.36p.

On the other hand, the mid- and small-cap index, the EGX70 inched by 0.23% to 565.39 p.  Price index EGX100 surged by 0.21 % to 959.26p.

Trading Volumes & Values

The trading volume has recorded 9.449million securities worth EGP 17.912 million, exchanged through 874 transactions during Monday opening.

Also during the opening session, 63 listed securities have been traded in; 18 fell, 19advanced; while 27 keeping their previous levels.

Investors’ Activities

Arabs were net sellers driving EGX’s early losses for they seized 97.97%, of the total markets, with a net equity of EGP 233.5 thousand excluding the deals.

Meanwhile, Egyptians and the non-Arab foreigners were net buyers acquiring 0.73% and 1.3% respectively of the total markets, with a net equity of EGP 195.3 thousand and EGP 38.2 thousand  respectively, excluding the deals.