Egypt’s stocks end lower on Monday as benchmark EGX 30 slides 0.34%
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) sank by 2.03 percent to 2,132 points, while the fixed-weighted index, EGX 30 Capped declined by 0.32 percent to 13,708 points. In addition, the equal weights index, EGX 50 plunged by 1.13 percent to 1,993 points.
The all-embracing index, EGX 100 edged down by 1.53 percent to 3,133 points.
The country’s market capitalisation has incurred losses worth 3.1 billion Egyptian pounds ($198.6 million), ending the trading at 747.802 billion pounds triggered by local and foreign investors’ selloff.
Trading value has approximately reached around 934.486 million pounds, while the trading volume has almost recorded 197.359 million securities executed 30,097 transactions.