Home StocksEGX EGX Pares Its Losses To EGP 757 Mln; Closing

EGX Pares Its Losses To EGP 757 Mln; Closing

by Yomna Yasser

On Thursday’s closing session, the EGX pared its midday losses to EGP 757 million as the capital market has reached EGP 355.262 billion.

The main index, EGX30 fell 0.33% to close at 5014.91 p. EGX20 inched down 0.15% to close at 5863.05 p.

Meanwhile, the mid- and small-cap index, the EGX70 sagged 0.27% to close at 432.73 p. Price index EGX100 dropped 0.35% to close at 785.27 p.

Traded volume reached 59.548 million securities worth EGP 276.119 million, exchanged through 16.581 thousand transactions.

This was after trading in 177 listed securities; 84 declined and 65 advanced while 28 keeping their previous levels.

Egyptians were net buyers seizing 73.56% of the total markets, with a net equity of EGP 33.759 million, excluding the deals.

On the other hand, non-Arab Foreigners and Arabs were net sellers seizing 20.3% and 6.14% respectively,  with a net equity of EGP 30.684 million and EGP 3.074 million, excluding the deals.

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