Egypt’s stocks start week in dark red as benchmark EGX 30 sank 1.82%
Egypt’s stock exchange (EGX) has closed lower on Sunday, with the benchmark EGX 30 index tumbling by 1.82 percent to 11,096 points triggered by a broad selloff in blue-chip shares.
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) sank by 3.75 percent to 2,924 points, while the fixed-weighted index, EGX 30 Capped dropped by 2.02 percent to 13,417 points. The all-embracing index, EGX 100 dived 3.49 percent to 3,915 points. In addition, the equal weights index, EGX 50 decreased 3.56 percent to 2,452 points.
Market Cap
The country’s market capitalisation has on Sunday incurred losses worth 17 billion Egyptian pounds ($1.1 million), ending the trading at 728.641 billion pounds.
Trading Aggregates
Trading value has approximately reached around 5.3 billion pounds, while the trading volume has almost recorded 481 million securities executed 58,000 transactions.