Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday’s trading session on a negative note amid rising concerns over the outbreak of the novel coronavirus (COVID-19).
The main benchmark EGX30 dropped by 7.31%, ending the session at 10,983 points, its lowest level since December 2016.
Market cap shrank about EGP 32.9 billion to close at EGP 594 billion.
Meanwhile, the EGX70 EWI went down by 5.04% to 1,083 points, while the EGX100 index decreased by 5.71% to 1,167 points.
The market’s turnover amounted to EGP 822.7 million after 256 million shares were exchanged through about 23,900 transactions.
Egyptian investors were net buyers with EGP 229.5 million, while Arab and foreign investors were net sellers with EGP 93.1 million and EGP 136.4 million, respectively.
