Egypt’s stocks close lower on Tuesday as benchmark EGX 30 drops 0.47%

Egypt’s stock exchange (EGX) has closed lower on Tuesday, with the benchmark EGX 30 index falling by 0.47 percent to 10,447 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) went down by 0.52 percent to 2,709 points, while the fixed-weighted index, EGX 30 Capped decreased by 0.45 percent to 12,762 points. The all-embracing index, EGX 100 dropped by 0.54 percent to 3,641 points. In addition, the equal weights index, EGX 50 edged down by 0.51 percent to 2,294 points.

Market Cap   

The country’s market capitalisation has on Tuesday incurred losses worth 2.8 billion Egyptian pounds ($182.7 million), ending the trading at 698.228 billion pounds due to foreign investors’ selloff.

Trading Aggregates            

Trading value has approximately reached around 4.4 billion pounds, while the trading volume has almost recorded 452.740 million securities executed 39,882 transactions.

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