Egypt’s stock market declines with beginning of Sunday’s trading

Egyptian Stock Exchange (EGX) indices turned red at the end of Sunday’s trading, and the EGX30 main index of the market fell by 1.43 percent to close at 9687.36 points.

EGX70 index of small and medium-sized companies decreased by 1.47 percent at 2217.31 points, as the EGX100 EWI dropped by 1.50 percent to reach the level of 3140 points.

EGX50 index shed by 1.21 percent to end the first trading session in the week at 1881.47 points, EGX30 Capped eased by 1.51 percent to 11961.38 points, and EG30 TR lost 1.54 percent.

While, the market capitalisation of the shares listed in the inside market closed at the level of 681.4 billion pounds.

Arab and foreign investors tended to sell with a net selling value of about 28.6 million Egyptian pounds and 10.6 million pounds respectively. The Egyptian investors intended to buy with a net value of 39.2 million pounds.

The total trading value reached about 724.1 million pounds, and the amount of 501.5 billion papers executed on 38.7 thousand transactions.