Collective decline in Egypt bourse indexes at closing

MENA , Tuesday 31 Jan 2023

Egyptian Exchange (EGX) indexes went down collectively at the close of Tuesday's trading, amid sales by Arab investors and foreign investment funds.

stock market
Individual investors lack the expertise to invest in the risky stock market

 

Meanwhile, purchases prevailed in the transactions of local and Arab institutions.

The market capital lost about EGP 29 billion, closing at EGP 1.059 trillion after transactions that totalled nearly EGP 2.7 billion.

The EGX 30 benchmark index declined by 3.41 percent to stand at 16,446.38 points.

The broader EGX 70 EWI of the leading small and medium enterprises (SMEs) decreased by 2.95 percent, recording 2,883.3 points.

The all-embracing EGX 100 index was also down 2.95 percent, registering 4,337.77 points.

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