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EGX loses ground over Arab and local sales

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CAIRO: The Egyptian Exchange (EGX) posted a slip at the close of Monday’s session, battered by local and Arab institutions’ sales, amid foreign purchases.

The benchmark index EGX30 fell by 1.46 percent to end at 11.6361 points, compared to 8,004.8 points on Sunday.

Further, the small and mid-cap index EGX70 lost 1.43 percent to end at 440.08 points, down from 446.5 points in its last session.

The broader index EGX100 dropped by 0.77 percent, to close at 910.37 points.

Market capitalization lost around 1.69 billion EGP ($215.8 million,) totaling 485.43 billion EGP, after 487.12 billion EGP on Sunday.


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