On Monday’s closing session, the EGX posted losses of L.E 1.9 billion as the capital market amounted to L.E 368.182 billion.
The main index, EGX 30 went down 0.62% to close at 5032.98 p. EGX20 downed 0.61% to close at 5870.44 p.
Meanwhile, the mid- and small-cap index, the EGX70 dipped 0.76% to close at 474.55 p. Price index EGX100 decreased 0.64% to close at 812.08 p.
Trades came to 22.483 transactions; worth L.E 343.632 million and volume amounted to 94.189 million shares.
This was after trading in 179 listed securities; 121 down and 42 up while 16 keeping their previous levels.
Financial analyst Ahmed Abdel Aal said that the reasons for the EGX’s losses are the Muslim Brotherhood (MB)’s insistence on withdrawing the confidence from Dr. Kamal Ganzouri’s government and Pope Shenouda’s death.
He added that the calls for withdrawing the confidence from the government had negatively affected the EGX’s last week trading as well and that has made a lot of traders
