Egypt’s stocks start week in mixed notes, benchmark EGX 30 tumbles 0.69%
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) surged 1.40 percent to 2,329 points, while the fixed-weighted index, EGX 30 Capped fell 0.78 percent to 12,303 points. The all-embracing index, EGX 100 hiked 0.90 percent to 3,255 points. Meanwhile, the equal weights index, EGX 50 went up 0.66 percent to 2,164 points.
The country’s market capitalisation has on Sunday incurred losses worth 814 million Egyptian pounds ($52 million), ending the trading at 632.287 billion pounds driven by local investors’ selloff.
Trading value has approximately reached around 3.2 billion pounds, while the trading volume has almost recorded 468.360 million securities executed 48,698 transactions.