Egyptian exchange closes Monday in red as market cap loses EGP 9.3 billion

Reuters , Monday 17 Sep 2018

The Egyptian Exchange (EGX) ended Tuesday in the red following a sharp downturn in its indices pushed by foreign investors' sales.

The Market capital lost EGP 9.3 billion ($521 Mln), closing at EGP 815.7 billion.

The benchmark EGX30 index dropped by 2.33 percent, closing the mid-week session at 16,022.11 points.

Small- and mid-cap EGX70 index slumped 0.71 percent to 14650.79 points, while the broader EGX100 index fell 1.13% to 1,843.39 points.

The EGX50 index went down 2.2 percent, to 2,735.33 points.

The EGX’s trading volume stood at 172.3 8 million shares exchanged at a turnover of EGP 578.19 million through 21.16,000 transactions.

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