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EGX30 ends Sunday down; market cap drops 1.96bn

EGX30 ends Sunday down; market cap drops 1.96bn
The market’s turnover reached EGP 390.8 million

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session on a varied note amid foreign and Arab sales and local purchases.

The benchmark EGX30 index fell by 1.54%, ending the session at 9,760 points.

On the other hand, the EGX70 EWI rose by 1.95% to 978 points, while the EGX100 index went up by 1.19% to 1,038 points.

The EGX50 index inched up by 0.05% to 1,339 points.

The market cap lost EGP 1.96 billion to close at EGP 537.9 billion, compared to EGP 539.9 billion on Thursday.

Foreign and Arab investors were net sellers with EGP 1.011 billion and EGP 9.6 million, respectively, while Egyptian investors were net buyers with EGP 1.02 billion.

The market’s turnover reached EGP 390.8 million after 194 million shares were exchanged through about 19,700 transactions.