Egypt’s stocks close lower on Monday, benchmark EGX 30 falls 0.60% on foreign selloff
Egypt’s stock exchange’s (EGX) indexes closed lower on Monday, with the benchmark EGX 30 index decreasing 0.60 percent to 11,222 points triggered by foreign investors’ selling pressures.
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) plummeted 2.71 percent to 2,144 points, while the fixed-weighted index, EGX 30 Capped dropped 1.02 percent to 13,697 points. The all-embracing index, EGX 100 dived 2.25 percent to 3,142 points. Meanwhile, the equal weights index, EGX 50 edged down 1.83 percent to 2,197 points.
Market Cap
Total market capitalisation has on Monday incurred losses worth 7.8 billion Egyptian pounds ($497 million), ending the trading at 680.630 billion pounds.
Trading Aggregates
Trading value has approximately reached 1.3 billion pounds, while the trading volume has almost recorded 540,766 million securities executed 40,907 transactions.