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EGX closes Monday lower; market cap down EGP 3.2bn

EGX closes Monday lower; market cap down EGP 3.2bn
The Egyptian Exchange

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday’s trading session in decline, amid increased selling pressures by foreign investors.

The benchmark EGX30 index decreased by 0.52% and closed at 11,034 points, while the equal-weighted small and medium cap index EGX70 finished lower by 0.55% at 1,868 points.

The broader EGX100 lost 0.49% and settled at the level of 2,749 points, while the equal-weighted EGX50 plunged by 0.21% to 2,007 points.

Market capitalization declined by around EGP 3.2 billion to close at 614.165 billion.

Traded volumes amounted to 360.93 million shares with a turnover of EGP 1.03 billion through around 37,600 transactions.