Egypt’s stocks start week in green notes as EGX 30 adds 0.67% on Sunday
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) surged 1.56 percent to 2,370 points, while the fixed-weighted index, EGX 30 Capped rose 0.83 percent to 12,578 points. The all-embracing index, EGX 100 climbed 1.61 percent to 3,304 points. Meanwhile, the equal weights index, EGX 50 added 1.61 percent to 2,237 points.
However, the country’s market capitalisation has on Sunday incurred losses worth 9.4 billion Egyptian pounds ($599.1 million), ending the trading at 639.157 billion pounds driven by foreign investors’ selloff.
Trading value has approximately reached around 2.9 billion pounds, while the trading volume has almost recorded 501.591 million securities executed 51,690 transactions.