Shares in Egypt Lose EGP333mn at Close on Monday

Big 5

 The Egyptian stocks witnessed today lower incurring EGP333 million losses driven by Arab investors’ sales.


Egypt’s benchmark index EGX30 ended 0.06 per cent lower to 9452.04 pts; while EGX20 finished 0.02 per cent down to 11346.2 pts on Monday.

Meanwhile, the mid- and small-cap index, the EGX70 surged by 0.99% to close at 666.98 pts. The price index EGX100 went up by 0.61 per cent to conclude at 1177.21 pts.

Furthermore, market capitalization reached EGP523.547 billion.

Declining Turnovers

Through the closing session of Monday, the trading volume has reached 125.354 million securities. For the traded value, it hit EGP 627.447 million, exchanged through 26.4 thousand transactions.

Also during the closing session, 179 listed securities have been traded in; 76 declined, 80  advanced; while 22 keeping their previous levels.

Investors’ Activities

Arab investors net sellers acquiring 6.49% of the total market, with a net equity of EGP 33.255 million, excluding the deals.

On the contrary, Egyptian and foreign investors were net buyers seizing 7.87% and 85.64% respectively of the total markets, with a net equity of EGP20.382 million and 12.873million respectively, excluding the deals.