EGX starts week in red, market cap. loses LE 6.5B

EGX starts week in red, market cap. loses LE 6.5B

FILE- Employees in the EGX following performance of the trading session







CAIRO – 4 April 2021: The Egyptian Exchange (EGX) ended Sunday's session in red, losing around LE 6.49 billion of market capitalization, amid foreign selling.

 

The benchmark EGX30 dropped 1.40 percent, or 147.73 points, to end at 10,417.15 points.

 

The equally weighted index EGX 50 declined 1.50 percent, or 30.9 points, to end at 2,032.53 points.

 

The small and mid-cap index EGX 70 decreased 1.02 percent, or 20.45 points, to close at 1,993.47 points, and the broader index EGX 100 lessened 1.19 percent, or 35.41 points, to close at 2,927.83 points.

 

Market capitalization lost around LE 6.49 billion, recording LE 646.02 billion, compared to LE 652.52 billion in Thursday's session.

 

The trading volume reached 484.99 billion shares, traded through 36,229 transactions, with a turnover of LE 789.24 million.

 

Foreign investors were net sellers at LE 16.18 million, while Egyptian and