Egypt’s stocks end lower on Monday, benchmark EGX 30 slumps 0.85% on foreign 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.
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 value has approximately reached 2.8 billion pounds, while the trading volume has almost recorded 507.942 million securities executed 43,738 transactions.