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EGX closes Thursday on collective decline

EGX closes Thursday on collective decline
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Cairo – Mubasher: The Egyptian Exchange (EGX) ended Thursday in the red zone, following a collective decline of its indices.

The benchmark EGX30 declined by 1.63% to close Thursday at 10,678.98 points, while the EGX70 and EGX100 indices retreated by 1.63% and 1.71% to 1,832.91 points and 2,786.09 points, respectively.

Meanwhile, the EGX50 lost 1.73% to 1,862.57 points.

The turnover amounted to EGP 2.30 billion after 326.21 million shares had been exchanged through 36,770 transactions.

The market cap value reached EGP 700.09 billion.

As for trading on securities, Egyptian and foreign investors were net sellers with EGP 321.53 million and EGP 64.02 million, respectively, while Arab traders were net buyers with EGP 385.56 million.