EGX indices sink at Sunday’s close; market cap loses EGP 31.9bn

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session in the red zone amid worries over the novel coronavirus (COVID-19) which hit global markets.

The main EGX30 index slumped by 6.04%, ending the session at 12,222 points.

Meanwhile, the EGX70 EWI dropped by 6.37% to 1,132 points, while the EGX100 index levelled down by 5.44% to 1,239 points.

Likewise, the EGX50 index fell by 6.59% to close at 1,655 points.

The market turnover amounted to EGP 616.27 million after 180.25 million shares were exchanged through nearly 22,880 transactions.

Egyptian investors were net buyers with EGP 4.08 billion, while foreign and Arab investors were net sellers with EGP 3.93 billion and EGP 148.266 million, respectively.

Market cap lost about EGP 31.9 billion to close at EGP 634.98 billion.

Mubasher Contribution Time: 01-Mar-2020 14:07 (GMT)
Mubasher Last Update Time: 01-Mar-2020 14:11 (GMT)