Egyptian stocks have ended lower on Monday encountering losses totaled EGP 1.8 billion driven by foreign profit-taking transactions that followed record leaps last week. The benchmark index closed below 6330 points on Monday.
The Egyptian Exchange indices were wavering on red notes on Monday afternoon.
Egypt’s benchmark index EGX30 ended 0.51 per cent lower to 6323.69 pts, and the EGX20 also finished 0.68 per cent down to 7355.66 pts.
Meanwhile, the mid- and small-cap index, the EGX70 dropped by 0.05 per cent to conclude at 535.74 pts. The price index EGX100 decreased by 0.14 per cent to close at 890.81 pts.
The capital market has closed at EGP 411.782 billion on Monday.
Turnovers
Through the closing session of Monday, the trading volume has reached 209.521 million securities. For the traded value, it hit EGP 551.072 million, exchanged through 27.563 thousand transactions.
Also during the closing session, 182 listed securities have been traded in; 123 declined, 46 advanced; while 13 keeping their previous levels.
Investors’ Activity
The non-Arab foreigners and Arabs were net sellers triggering EGX’s closing losses for they seized 20.02% and 3.3% respectively, of the total market, with net equities of EGP 34.991 million and EGP 200.396 thousand, excluding the deals.
On the other hand, Egyptians were net buyers acquiring 76.69% of the total market, with a net equity of EGP 35.191 million, excluding the deals.
