Tawasul
Mubasher TV
Contact Us Advertising   العربية

EGX loses EGP 12.17bn in market cap in September

EGX loses EGP 12.17bn in market cap in September
The benchmark EGX30 index slid by 3.3% to register 10,989 points

Cairo – Mubasher: The Egyptian Exchange (EGX) lost a total of EGP 12.17 billion in market cap during September with the benchmark EGX30 index sliding by 3.3% to register 10,989 points in September, compared to 11,365 points in August.

Over the course of the month, the small- and mid-cap EGX70 EWI climbed by 8.37% to 2,003 points from 1,848 points in August.

In the meantime, the EGX100 EWI advanced by 4.8% to 2,896 points, while the EGX50 EWI added 0.72% to 2,059 points.

The market cap value retreated by EGP 12.17 billion to stand at EGP 618.716 billion.

During the month, the EGX approved a request to delist the 400 million shares of the Egyptian Company for International Touristic Projects (Americana Egypt) at a nominal value of EGP 1 per share.