Egypt’s stocks remained bearish closing Tuesday with losses worth 1.4 billion Egyptian pounds (US$183 million) on local investors’ selloffs.
The market capitalization has recorded 497.860 billion pounds during the closing session of Tuesday.
Indices
Egypt’s benchmark index, EGX30 tumbled by 0.20 percent to 8674.34 points. EGX20 went down by 0.26 percent to 9032.25 points.
In addition, the mid- and small-cap index EGX70 decreased by 0.91 percent to 464.69 points. The price index, EGX100 sagged by 0.62 percent to 959.1 points.
Turnovers surge
On Tuesday, the bourse’s trading volume has recorded 99.479 million securities, with turnovers closed at EGP 1.111 billion, exchanged through 13.656 thousand transactions.
Also during the closing session, 173 listed securities have been traded in; 95 declined, 33 advanced; while 41 kept their previous levels.
Investors’ Activities
Local investors were net sellers on Tuesday seizing 93.31% of the total market, with a net equity of EGP 37.738 million, excluding the deals.
On the contrary, the non-Arab foreign and Arab investors were net buyers capturing 5.36% and 1.34% respectively of the total markets, with a net equity of EGP 25.993 million and EGP 11.744 million, respectively, excluding the deals.
