Egypt’s stocks finish lower on Monday, benchmark EGX 30 edges down 0.47%
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dropped 1.89 percent to 2,216 points, while the fixed-weighted index, EGX 30 Capped went down 0.74 percent to 13,177 points. The all-embracing index, EGX 100 tumbled 1.68 percent to 3,160 points. Meanwhile, the equal weights index, EGX 50 decreased 1.59 percent to 2,170 points.
The country’s market capitalisation has on Monday incurred losses worth 4.58 billion Egyptian pounds ($292.2 million), ending the trading at 670 billion pounds driven by local investors’ selloff.
Trading value has approximately reached around 4.8 billion pounds, while the trading volume has almost recorded 698.806 million securities executed 59,496 transactions.