Tawasul
Mubasher TV
Contact Us Advertising   العربية

EGX ends Thursday in red; market cap loses EGP 1bn

EGX ends Thursday in red; market cap loses EGP 1bn
The market’s turnover amounted to EGP 1.1 billion

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Thursday’s trading session on a negative note, pressured by local selloffs.

The benchmark EGX30 index inched down by 0.1% to end the session at 11,322 points.

Meanwhile, the small- and mid-cap EGX70 EWI retreated by 0.56% to 1,983 points, while the EGX100 EWI fell by 0.5% to 2,916 points.

Likewise, the EGX50 EWI declined by 1.61% to close at 2,137 points.

The market cap value dropped by EGP 1.006 billion to register EGP 630.655 billion.

Local investors were net sellers with EGP 66.64 million, while foreign and Arab investors were net buyers with EGP 36.58 million and EGP 30.05 million, respectively.

The market’s turnover amounted to EGP 1.1 billion after 321.27 million shares were exchanged through about 40,940 transactions.