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Egypt’s stock market ends Monday in red zone

Egypt’s stock market ends Monday in red zone
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Cairo – Mubasher: The EGX30 benchmark index of the Egyptian Exchange (EGX) closed Monday’s session down by 1.99% to 9,255.43 points.

The EGX50 EWI also declined by 2.32% to 1,656.69 points.

Similarly, both the small- and mid-cap EGX70 EWI as well as EGX100 EWI fell by 2.16% to 1,736.50 points and 2.29% to 2,566.82 points, respectively.

EGX’s trading value reached EGP 288.23 million through the exchange of 828.13 million shares, compared to EGP 482.94 million and 252.39 million shares a day earlier. The market cap value totalled EGP 623.74 billion.

As for trading on securities, Egyptian investors were net buyers with EGP 297.57 million, while the Arab and foreign traders were net sellers with EGP 44.53 million and EGP 253.03 million, respectively.