Egypt’s stocks start week in red as main index EGX 30 slides 0.37%

By Amwal Al Ghad English On Jan 30, 2022

Egypt’s stock exchange (EGX) stocks — Egypt’s stock exchange (EGX)

Egypt’s stock exchange (EGX) ended lower on Sunday, with the benchmark EGX 30 index sliding by 0.37 percent to 11,457 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dived by 1.29 percent to 2,102 points, while the fixed-weighted index, EGX 30 Capped went down by 0.53 percent to 13,532 points. In addition, the equal weights index, EGX 50 decreased by 1.02 percent to 1,975 points.

The all-embracing index, EGX 100 tumbled by 1.05 percent to 3,094 points.

Market Cap

The country’s market capitalisation has incurred losses worth 1.78 billion Egyptian pounds ($222.7 million), ending the trading at 737.295 billion pounds due to local investors’ selloff.

Trading Aggregates

Trading value has approximately reached around 445.586 million pounds, while the trading volume has almost recorded 231.499 million securities executed 23,452 transactions.