EGX ends Tuesday down on foreign selloffs

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in the red zone, pressured by foreign selloffs.

The main EGX30 index retreated by 1.16%, ending the mid-week session at 11,233 points.  

Similarly, the small- and mid-cap EGX70 EWI fell by 0.96% to 1,830 points, while the EGX100 EWI declined by 1.13% to 2,732 points.

Meanwhile, the EGX50 index went down by 1.52% to close at 2,013 points.

The market cap lost EGP 5.2 billion to stand at EGP 625.689 billion.

Foreign investors were net sellers with EGP 1.4 billion, while local and Arab investors were net buyers with EGP 984.5 million and EGP 415.8 million, respectively.

The market’s turnover registered EGP 1.28 billion after 446.9 million shares were exchanged through nearly 42,500 transactions.

Mubasher Contribution Time: 01-Sep-2020 14:00 (GMT)
Mubasher Last Update Time: 01-Sep-2020 14:00 (GMT)