Egypt’s stocks finish lower on Tuesday, benchmark EGX 30 drops 0.28% on Arab selloff

By Amwal Al Ghad English On Mar 16, 2021

Egypt’s stock exchange’s (EGX) indexes ended lower on Tuesday, with the benchmark EGX 30 index dropping 0.28 percent to 11,191 points driven by Arab investors’ selloff.

The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) sank 2.40 percent to 2,092 points, while the fixed-weighted index, EGX 30 Capped went down 0.43 percent to 13,638 points. The all-embracing index, EGX 100 tumbled 1.84 percent to 3,084 points. Meanwhile, the equal weights index, EGX 50 fell 1.85 percent to 2,156 points.

Market Cap

Total market capitalisation has on Tuesday incurred losses worth 3.7 billion Egyptian pounds ($235.5 million), ending the trading at 676.881 billion pounds.

Trading Aggregates

Trading value has approximately reached 5.5 billion pounds, while the trading volume has almost recorded 1.1 billion securities executed 32,080 transactions.

EGX EGX 100 EGX 30 EGX 30 Index EGX 50 EGX 70 Egypt’s stock benchmark Egypt’s stock market