Egypt’s stocks start week in red, benchmark EGX 30 tumbles 1.06%
Stock market cap losses EGP 8.3 billion on foreign selloff
Egypt’s stock exchange’s (EGX) indexes closed lower on Sunday, with the benchmark EGX 30 index tumbling 1.06 percent to 10,802 points driven by Arab and foreign investors’ selloff.
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dived 2.48 percent to 2,027 points, while the fixed-weighted index, EGX 30 Capped dropped 1.19 percent to 13,092 points. The all-embracing index, EGX 100 sank 2.22 percent to 2,979 points. Meanwhile, the equal weights index, EGX 50 plummeted 2.24 percent to 2,076 points.
Market Cap
Total market capitalisation has on Sunday incurred losses worth 8.3 billion Egyptian pounds ($531.3 million), ending the trading at 658.493 billion pounds.
Trading Aggregates
Trading value has approximately reached 2.7 billion pounds, while the trading volume has almost recorded 419.325 million securities executed 31,286 transactions.
