Egypt’s stocks end week in red, benchmark EGX 30 falls 0.69%
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) fell 0.54 percent to 2,229 points, while the fixed-weighted index, EGX 30 Capped edged down 0.84 percent to 13,223 points. The all-embracing index, EGX 100 decreased 0.62 percent to 3,181 points. Meanwhile, the equal weights index, EGX 50 lost 0.53 percent to 2,194 points.
The country’s market capitalisation has on Thursday posted gains worth 6 billion Egyptian pounds ($382.2 million), ending the trading at 671.894 billion pounds buoyed by local and Arab investors’ buying appetite.
Trading value has approximately reached around 2.3 billion pounds, while the trading volume has almost recorded 761.044 million securities executed 51,673 transactions.