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Egypt’s stock market closes Thursday in red zone

Egypt’s stock market closes Thursday in red zone
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Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed negative performance at the end of Thursday’s session, with the EGX30 main index falling by 2.36% to 27,559.35 points.

The small- and mid-cap EGX70 EWI plunged by 1.80% to 6,399.02 points. In addition, the EGX100 EWI retreated by 1.96% to 9,079.26 points.

The turnover stood at EGP 2.65 billion through the exchange of 523.05 million shares. Meanwhile, the market cap value hit EGP 1.85 trillion at the end of the session.

As for trading on securities, the Egyptian and foreign traders were the net buyers with EGP 167.12 million and EGP 70.50 million, respectively.

Meanwhile, the Arab traders were the net sellers with EGP 237.62 million.