Egypt’s bourse has opened the sessions on Monday incurring losses of EGP 264 million driven by local and non-Arab foreign selling pressures to reach EGP 358.287 billion.
Accordingly, the bourse indices were wavering in dark red notes on Monday morning.
Benchmark EGX30 inched down by 0.23% to 5287.8 p. EGX20 didn’t change to settle at 6050.8 p.
Meanwhile, the mid- and small-cap index, the EGX70 dropped by 0.2% to 442.7 p. Price index EGX100 tumbled by 0.22% to 743.8 p.
The capital market has amounted to EGP 12.4million, according to data compiled
by Amwal Al Ghad English at 11:30 a.m. Cairo time (09:30 GMT) during the opening session of Monday.
Trading Volumes & Values:
The trading volume has reached 2.5 million securities worth EGP 12.4 million, exchanged through 805 thousand transactions during Monday’s opening.
Also during the opening session, 71 listed securities have been traded in; 22 declined, 11 advanced; while 38 steadied.
Investors’ Activities:
Local and the non-Arab foreign selling pressures have driven EGX’s opening losses as they were net sellers seizing 10.88% and 34.44% respectively, of the total markets, with a net equity of EGP 1.06 million and EGP 2.75 million thousand, excluding the deals.
Meanwhile, Arabs were net buyers seizing 54.68% of the total markets, with a net equity of EGP 3.8 million excluding the deals.
