Egypt’s stocks start week lower, benchmark EGX 30 edges down 0.31%
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dropped 1.01 percent to 2,296 points, while the fixed-weighted index, EGX 30 Capped went down 0.31 percent to 12,502 points. The all-embracing index, EGX 100 decreased 0.89 percent to 3,225 points. In addition, the equal weights index, EGX 50 fell 1.04 percent to 2,098 points.
The country’s market capitalisation has on Sunday incurred losses worth 2.5 billion Egyptian pounds ($159.6 million), ending the trading at 655.214 billion pounds driven by local investors’ selloff.
Trading value has approximately reached around 4.03 billion pounds, while the trading volume has almost recorded 266.016 million securities executed 31,863 transactions.