Egypt’s stocks close week in red as main gauge EGX 30 slumps 0.46%

By Amwal Al Ghad English On Feb 3, 2022

Egypt’s stock exchange (EGX) stocks — Egypt’s stock exchange (EGX)

Egypt’s stock exchange (EGX) end in red on Thursday, with the benchmark EGX 30 index slumping by 0.46 percent to 11,638 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dipped by 0.05 percent to 2,163 points, while the fixed-weighted index, EGX 30 Capped fell by 0.44 percent to 13,854 points. In addition, the equal weights index, EGX 50 dropped by 0.26 percent to 2,041 points.

The all-embracing index, EGX 100 decreased by 0.18 percent to 3,193 points.

Market Cap

The country’s market capitalisation has incurred losses worth around 1.9 billion Egyptian pounds ($126.8 million), ending the trading at 749.914 billion pounds driven by local and Arab investors’ selloff.

Trading Aggregates

Trading value has approximately reached around 656.479 million pounds, while the trading volume has almost recorded 250.261 million securities executed 28,314 transactions.