Egypt’s stocks close in red on Tuesday as benchmark EGX 30 slides 0.17%
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) sank by 1.27 percent to 2,286 points, while the fixed-weighted index, EGX 30 Capped fell 0.27 percent to 14,330 points. In addition, the equal weights index, EGX 50 declined by 1.18 percent to 2,129 points.
The all-embracing index, EGX 100 tumbled by 1.05 percent to 3,342 points.
The country’s market capitalisation has incurred losses worth 2.4 billion Egyptian pounds ($152.5 million), ending the trading at 772.651 billion pounds driven by foreign investors’ selloff.
Trading value has approximately reached around 985.632 million pounds, while the trading volume has almost recorded 297.625 million securities executed 39,170 transactions.