Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

EGX Ends Trading with Market Losses of EGP 40 Bln

Sun 04 Feb 2024 | 09:48 PM
The Egyptian Stock Exchange (EGX) headquarters, Cairo. (File Photo)
The Egyptian Stock Exchange (EGX) headquarters, Cairo. (File Photo)
Taarek Refaat

The Egyptian Stock Exchange (EGX) indices ended trading Sunday with market losses of EGP 40 billion.

The main stock index "EGX30" lost about 3.03%, closing at 27,573 points.

While the EGX70 index for small and medium-sized stocks rose by about 0.8%, recording 6683 points. The broader stock index "EGX100" rose by 0.23%, closing at 9,384 points.

The total value of stock trading amounted to EGP 5.08 billion, and the number of shares traded reached 204 shares, of which 67 shares rose, 88 shares declined, while 49 shares remained unchanged.

The market cap of listed shares lost about EGP 40 billion, closing at the level of EGP 1.971 trillion, compared to EGP 2.11 trillion, the previous closing level.

Arab and foreign investors' transactions tended towards selling with a net value of EGP 29.85 million and EGP 15.58 million, respectively, compared to net buying for Egyptian investors worth EGP 45.44 million.