Egypt’s stocks end red as benchmark EGX 30 falls 0.42% on Tuesday
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) inched down 1.91 percent to 2,243 points, while the fixed-weighted index, EGX 30 Capped fell 0.44 percent to 12,387 points. The all-embracing index, EGX 100 decreased 1.70 percent to 3,166 points. Meanwhile, the equal weights index, EGX 50 dropped 1.94 percent to 2,141 points.
The country’s market capitalisation has on Tuesday incurred losses worth 3.6 billion Egyptian pounds ($230 million), ending the trading at 631.301 billion pounds driven by local and foreign investors’ selloff.
Trading value has approximately reached around 2.9 billion pounds, while the trading volume has almost recorded 468.531 million securities executed 46,711 transactions.