Egypt’s stocks start week in red, benchmark EGX 30 falls 0.57%

Egypt’s stock exchange (EGX) has closed in red on Sunday, with the benchmark EGX 30 index inching down by 0.57 percent to 11,273 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dived by 3.56 percent to 1,944 points, while the fixed-weighted index, EGX 30 Capped fell by 0.83 percent to 13,213 points. In addition, the equal weights index, EGX 50 sank by 3.13 percent to 1,870 points.

The all-embracing index, EGX 100 tumbled by 2.90 percent to 2,886 points.

Market Cap   

The country’s market capitalisation has incurred losses worth 6.7 billion Egyptian pounds (around $426.8 million), ending the trading at 703.690 billion pounds driven by local investors’ selloff.

Trading Aggregates            

Trading value has approximately reached around 1.7 billion pounds, while the trading volume has almost recorded 210.859 million securities executed 28,726 transactions.