EGX marks 3rd monthly drop in July

Cairo – Mubasher: The Egyptian Exchange (EGX) ended July on low note amid a collective decline of its indices, marking the third monthly decline in a row.

The benchmark EGX30 index retreated 4.7% or 768.36 points to close at 15,580.19 points.

Market capitalisation lost EGP 37.2 billion to close at EGP 873.6 billion from EGP 910.8 billion in June.

Meanwhile, the EGX70 index dropped 7.47% to 744.53 points, while the broad ranged EGX 100 index decreased 6.4% to 1,930.12 points.

The equal-weighted EGX50 lost 5.57% to close the month at 2,584.03 points

Mubasher Contribution Time: 31-Jul-2018 15:48 (GMT)
Mubasher Last Update Time: 31-Jul-2018 15:48 (GMT)