Egypt’s stocks end lower on Monday, benchmark EGX 30 slumps 0.85% on foreign selloff

By Amwal Al Ghad English On Mar 8, 2021

Egypt’s stock exchange’s (EGX) indexes closed lower on Monday, with the benchmark EGX 30 index slumping 0.85 percent to 11,459 points, due to foreign investors’ selloff.

The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) inched down 0.94 percent to 2,227 points, while the fixed-weighted index, EGX 30 Capped plummeted 0.94 percent to 14,011 points. The all-embracing index, EGX 100 also dropped 0.93 percent to 3,247 points. Meanwhile, the equal weights index, EGX 50 fell 0.77 percent to 2,278 points.

Market Cap

Total market capitalisation has on Monday incurred losses worth 4.9 billion Egyptian pounds ($311 million), ending the trading at 696.848 billion pounds.

Trading Aggregates

Trading value has approximately reached 2.8 billion pounds, while the trading volume has almost recorded 507.942 million securities executed 43,738 transactions.

EGX EGX 100 EGX 30 EGX 30 Capped EGX 50 EGX 70 Egypt’s stock benchmark Egypt’s stock market