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EGX loses EGP 10.8bn in market cap at Monday's close

EGX loses EGP 10.8bn in market cap at Monday's close
The market's turnover stood at EGP 1.93 billion

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

The main EGX30 index fell by 1.64% to end at 10,710 points, while the small- and mid-cap EGX70 EWI declined by 2.71% to end at 2,688 points. 

Meanwhile, the EGX100 EWI retreated by 2.6% to 3,655 points and the EGX50 EWI dropped by 2.65% to 2,301 points. 

The market cap value decreased by EGP 10.85 billion to close at EGP 706.751 billion.

Local investors were net sellers with EGP 23.24 million, while foreign and Arab investors were net buyers with EGP 15.89 million and EGP 7.35 million, respectively. 

The market's turnover stood at EGP 1.93 billion after 423.86 million shares were exchanged through about 47,570 transactions.