Egypt’s stocks start 2022 in mixed notes as benchmark EGX 30 falls 0.33%

Egypt’s stock exchange (EGX) closed in mixed notes on Sunday, with the benchmark EGX 30 index falling by 0.33 percent to 11,909 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) climbed by 1.88 percent to 2,243 points, while the fixed-weighted index, EGX 30 Capped dropped by 0.68 percent to 14,132 points. In addition, the equal weights index, EGX 50 advanced by 0.49 percent to 2,108 points.

The all-embracing index, EGX 100 edged up by 1.01 percent to 3,288 points.

Market Cap   

The country’s market capitalisation has incurred losses worth 1.2 billion Egyptian pounds ($78 million), ending the trading at 764.353 billion pounds driven by Arab and foreign investors’ selloff.

Trading Aggregates            

Trading value has approximately reached around 617.746 million pounds, while the trading volume has almost recorded 271.705 million securities executed 32,525 transactions.