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EGX ends week lower, benchmark EGX 30 falls 1.35% on foreign selloff

Egypt’s stock exchange’s (EGX) indexes finished lower on Thursday, with the benchmark EGX 30 index falling 1.35 percent to 10,918 points weighed on by Arab and foreign investors’

Egypt’s stock exchange’s (EGX) indexes finished lower on Thursday, with the benchmark EGX 30 index falling 1.35 percent to 10,918 points weighed on by Arab and foreign investors’ selloff.

The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) went down 0.86 percent to 2,078 points, while the fixed-weighted index, EGX 30 Capped sank 1.85 percent to 13,250 points. The all-embracing index, EGX 100 tumbled 1.07 percent to 3,047 points. Meanwhile, the equal weights index, EGX 50 dropped 1.21 percent to 2,123 points.

Market Cap

Total market capitalisation has on Thursday incurred losses worth 7 billion Egyptian pounds ($445.3 million), ending the trading at 666.781 billion pounds.

Trading Aggregates      

Trading value has approximately reached 1.2 billion pounds, while the trading volume has almost recorded 523.287 million securities executed 33,684 transactions.