Home StocksEGX EGX Losses L.E 1.7 Bln amid Selling Pressures; Early Trading

EGX Losses L.E 1.7 Bln amid Selling Pressures; Early Trading

by Yomna Yasser

EGX has incurred losses of L.E 1.7 during Thursday’s early trading, as the capital market reached L.E 372.209 billion.

The main index, EGX 30 slumped 0.48% to reach 5109.52 p. EGX20 decreased 1.53% to reach 5913.76 p.

Meanwhile, the mid- and small-cap index, the EGX70 downed 0.18% to reach 482.63 p. Price index EGX100 dipped 0.12% to close at 825.83 p.

The market has recorded values of L.E 4.715 million; while the volume traded reached 1.460 million securities executed over 406 transactions.

This was after trading in 57 listed securities; 39 down and 10 up while 8 keeping their previous levels.

Egyptians were net sellers seizing 91.65% of the total market, with a net equity of L.E 482 thousand, after excluding deals.

Arab and foreign investors were net buyers seizing 2.97% and 5.38% respectively of the total market , with a net equity of L.E 116 thousand and L.E 365 thousand respectively, after excluding deals.

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