Cairo - Mubasher: The Egyptian Exchange (EGX) saw a negative performance in June, as evidenced by the decline in all of its main indices.
Benchmark index EGX30 lost 1.45% in June, registering monthly losses for the second month in a row after a record-breaking performance in prior months since the beginning of 2018.
EGX30 went down by 238.18 points, and closed at the level of 16,176.41 points, with traded volumes reaching 2.2 billion shares and traded values amounting to EGP 11.17 billion.
The market capital reached went down to a total EGP 910.8 billion by the end of the month, losing EGP 19.5 billion compared to its level by the end of May.
The sixth month of the year also saw the small and medium-sized enterprises index EGX70 losing 5.45% and reaching the level of 796.75 points, while the broader EGX100 lost 4.85% and closed at the level of 2,034 points.
Meanwhile, the equal-weighted index EGX50 dropped 3.74% to settle at the level of 2,714 points.
It worth noting that the market sectors and indices had a mixed performance during the first half of 2018.
EGX30 ended the six-month period from January to June with 8.85% gains, with traded volumes totalling 28.28 billion shares, and values reaching EGP 119.6 billion.
EGX70 gave up earlier gains and declined by 2.78% in H1-18, while EGX100 made gains of 4.58%, with EGX50 rising by 6.5%.
