Egypt’s stocks end week mostly lower, benchmark EGX 30 solely 0.27% up
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) fell 0.68 percent to 1,821 points, while the fixed-weighted index, EGX 30 Capped decreased 0.18 percent to 12,458 points. The all-embracing index, EGX 100 dropped 0.64 percent to 2,716 points. Meanwhile, the equal weights index, EGX 50 went down 0.59 percent to 1,899 points.
Total market capitalisation has on Thursday incurred losses worth 412 million Egyptian pounds ($26.3 million), ending the trading at 630.878 billion pounds boosted by foreign investors’ selloff.
Trading value has approximately reached around 1.6 billion pounds, while the trading volume has almost recorded 402.814 million securities executed 29,748 transactions.