Driven by local investors’ selling pressures, Egypt’s stocks ended lower on Monday, yet the bourse’s market capitalisation gained 2.3 billion Egyptian pounds. In addition, the country’s main stock index, EGX30 further tumbled below 9125 points during closing session.
Indices
Egypt’s benchmark index EGX30 ended 1.17 per cent lower to 9122.33 pts; and EGX20 closed 1.76 per cent down to 10562.49 pts.
On the other hand, the mid- and small-cap index, the EGX70 sagged by 0.48 per cent to finish at 628.26 pts. The price index EGX100 fell by 0.75 per cent to conclude at 1122.05 pts.
Furthermore, the market capitalization recorded EGP 540.176 billion on Monday.
Turnovers Near EGP One billion
Through the closing session of Monday, the trading volume has reached 165.421 million securities, with turnovers worth EGP 914.442 million, exchanged through 25.596 transactions.
Also during the closing session, 187 listed securities have been traded in; 117 declined, 47 advanced; while 20 kept their previous levels.
Investors’ Activities
Local investors were net sellers seizing on Monday 85.98% of the total market, with a net equity of EGP 71.982 million, excluding the deals.
On the other hand, Arab and the non-Arab foreign investors were net buyers capturing 3.87% and 10.15% respectively of the total markets, with a net equity of EGP 11.485 million and EGP 60.497 million, respectively, excluding the deals.
