Egypt’s stocks start new week in red as benchmark EGX 30 falls 0.65%
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) also dropped by 1.45 percent to 2,176 points.
The all-embracing index, EGX 100 edged down by 1.57 percent to 3,181 points.
The country’s market capitalisation has incurred losses worth around 6 billion Egyptian pounds ($380.4 million), ending the trading at 750.923 billion pounds driven by local investors’ selloff.
Trading value has approximately reached around 513 million pounds, while the trading volume has almost recorded 167 million securities executed 27,000 transactions.