Egypt’s shares closed lower on Sunday incurring losses totaled EGP 1.1 billion driven by local and non-Arab foreign selling pressures. The benchmark index retreated below 5670 pts.
The Egyptian Exchange indices were wavering in red notes during the closing session of Sunday.
Egypt’s benchmark index EGX30 ended 0.64 per cent lower to 5667.34 pts, and the EGX20 also finished 0.52 per cent down to 6656.29 pts.
Meanwhile, the mid- and small-cap index, the EGX70 slumped by 0.44 per cent to conclude at 486.65 pts. The price index EGX100 also dropped by 0.40 per cent to close at 813.12 pts.
The capital market has closed at EGP 380.021 billion on Sunday.
Traded Volumes & Trades
Through the closing session of Sunday, the trading volume has reached 136.868 million securities. For the traded value, it hit EGP 489.887 million, exchanged through 27.171 thousand transactions.
Also during the closing session, 169 listed securities have been traded in; 106 declined, 42 advanced; while 21 keeping their previous levels.
Egyptians and the non-Arab foreigners were net sellers driving EGX’s closing losses for they seized 81.85% and 13.11% respectively, of the total market, with net equities of EGP 1.767 million and EGP 5.825 million, excluding the deals.
On the other hand, Arabs were net buyers acquiring 5.04% of the total market, with a net equity of EGP 7.592 million, excluding the deals.