EGX down 4.22% in April on local sales

Cairo - Mubasher: The main index of the Egyptian Exchange EGX30 ended April down 4.22%, dropping 548.2 points, and closed at the level of 12,994.80 points.

Traded volumes on the stocks of the benchmark index totaled 2.46 billion shares this month, with a turnover of EGP 11.17 billion, compared to a volume of 4.3 billion shares and values of EGP 19.35 billion.

Trade volumes were affected by the Palm Sunday attacks, as well as national holidays for Easter and Sinai Liberation.

Meanwhile, EGX70 added 2.42% or 13.78 points to the level of 569.69 points, while the broader index EGX100 rose 0.95%, gaining 12.55 points, and closed at 1,340.29 points.

On the other hand, the equal-weighted index EGX50 lost 3.37% or 69.80 points and closed at 2,001.33 points.

The market capital dropped EGP 6.27 billion, and closed at EGP 648.7 billion.

Egyptian investors leaned towards selling with a net of EGP 4.018 billion, while foreign and Arab investors were net buyers at EGP 3.2 billion, and EGP 733.7 million respectively.

Mubasher Contribution Time: 30-Apr-2017 20:26 (GMT)
Mubasher Last Update Time: 30-Apr-2017 20:26 (GMT)