Egypt’s bourse ended Sunday’s trading lower with humble losses worth 22 million Egyptian pounds driven by local investors’ selling pressures. In return, the country’s main stock index, EGX30 continued its sluggish performance, closing below 9430 points.
Egypt’s benchmark index EGX30 ended 0.51 per cent lower to 9427.42 pts; while EGX20 finished 0.21 per cent down to 11211.07 pts.
In the contrary, the mid- and small-cap index, the EGX70 surged by 1.07 per cent to finish at 618.17 pts. The price index EGX100 also inched up by 0.14 per cent to conclude at 1120.24 pts.
Furthermore, the market capitalization recorded EGP 516.466 billion on Sunday.
Turnovers below EGP One billion
Through the closing session of Sunday, the trading volume has reached 114.877 million securities, with turnovers worth EGP 501.174 million, exchanged through 20.010 transactions.
Also during the closing session, 173 listed securities have been traded in; 48 declined, 95 advanced; while 30 kept their previous levels.
Local investors were net sellers on Sunday seizing 80.48% of the total market, with a net equity of EGP 18.653 million, excluding the deals.
On the other hand, the non-Arab foreign and Arab investors were net buyers acquiring 12.46% and 7.07% respectively of the total markets, with a net equity of EGP 13.355 million and EGP 5.298 million, respectively, excluding the deals.