Egypt’s stocks end in red on Tuesday, benchmark EGX 30 slid 0.70%

Egypt’s stock exchange (EGX) has finished trading in red notes on Tuesday, with the benchmark EGX 30 index inching down by 0.70 percent to 11,618 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) tumbled by 0.97 percent to 2,113 points, while the fixed-weighted index, EGX 30 Capped fell by 0.76 percent to 13,732 points. In addition, the equal weights index, EGX 50 dropped by 0.79 percent to 2,017 points.

The all-embracing index, EGX 100 slid by 0.84 percent to 3,124 points.

Market Cap   

The country’s market capitalisation has incurred losses worth 3.2 billion Egyptian pounds ($205 million), ending the trading at 731.734 billion pounds triggered by local and foreign investors’ selloff.

Trading Aggregates            

Trading value has approximately reached around 8.1 billion pounds, while the trading volume has almost recorded 652.417 million securities executed 43,833 transactions.