Egyptian sales push the stock market down 1.1% at the start

  • Stock market indices declined at the beginning of Monday's trading session, amid net sales from Egyptians worth 22 million pounds.

 

  • The main stock index, the EGX30, decreased by 1.1%, reaching the level of 24,878 points, and the EGX70 index for small and medium-sized companies fell by 1,82%, reaching the level of 5,427 points.

 

  • The broader EGX100 index also declined by 2,03%, reaching the level of 7,762 points, while the capped EGX30 index declined by 1,58%, reaching the level of 30,162 points.

 

  • The market recorded trading values of 175 million pounds, through the trading of 39 million shares, carrying out 7.5 thousand buying and selling transactions, after the shares of 159 listed companies were traded, of which 6 shares rose, 47 shares declined, while the prices of 106 other shares did not change.

 

  • The market capitalization of shares registered in the on-premise market reached 1.68 trillion pounds.

 

  • Arab and foreign investors tended to buy with a net value of 8 million pounds and 14 million pounds, while Egyptians tended to sell with a net value of 22 million pounds.

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