EGX ends Sunday in red; market cap sheds EGP 8.31bn

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session in red territory, dragged down by foreign sell-off.

The benchmark EGX30 index fell 1.17%, finishing the session at 15,738.34 points.

The small- and mid-cap EGX70 index shed 0.43% to 750.78 points, while the broader EGX100 index tumbled 0.72% to 1,939.70 points.

Similarly, the equal-weighted EGX50 index dropped 1.45% to 2,605.06 points.

Market capitalisation lost EGP 8.31 billion and closed at EGP 877.39 billion, versus EGP 885.7 billion last Thursday.

Trading volume amounted to around 166.41 million shares exchanged through 17,060 transactions at a turnover of EGP 428.18 million.

Egyptian and Arab investors were mostly buyers, netting EGP 125.38 million and EGP 25.51 million, while foreign investors were net sellers with EGP 150.89 million.

Mubasher Contribution Time: 12-Aug-2018 13:58 (GMT)
Mubasher Last Update Time: 12-Aug-2018 13:58 (GMT)

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