EGX ends Monday in red; market cap sheds EGP 2.5bn

Cairo – Mubasher: The sideways-to-declining trend dominated the indices of Egyptian Exchange (EGX) on Monday amid selling pressures by local and Arab investors.

The benchmark EGX30 index slid by 0.12%, finishing the session at 13,521.46 points.

The small- and mid-cap EGX70 index dipped 0.10% to 698.31 points, while the broader EGX100 index shed 0.14% to 1,750.66 points.

The equal-weighted EGX50 index slipped 0.43% to 2,092.72 points.

Trading volume amounted to around 147.09 million shares exchanged through 21,520 transactions at a turnover of EGP 756.40 million.

Market capitalisation lost nearly EGP 2.59 billion and closed the session at EGP 758.96 billion.

Foreign investors were mostly buyers, netting EGP 63.71 million, while Egyptian and Arab investors were net sellers with EGP 40.31 million and EGP 23.4 million, respectively.

Mubasher Contribution Time: 15-Oct-2018 13:32 (GMT)
Mubasher Last Update Time: 15-Oct-2018 13:32 (GMT)