EGX ends in red, liquidity loses LE 160M

BY

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Thu, 27 Jul 2017 - 12:56 GMT

BY

Thu, 27 Jul 2017 - 12:56 GMT

Egyptian Exchange - File Photo

Egyptian Exchange - File Photo

CAIRO – 27 July 2017: The Egyptian Exchange (EGX) showed a negative performance on Thursday. Market capital lost LE 5.4 million ($302,030), traded value decreased LE 160 million and traded volume dropped 100 million shares.

The benchmark index EGX 30 decreased 1.36 percent to close at 13,609 points.

The small and mid-cap index EGX70 shed 0.02 percent to end at 700.7 points. The broader index EGX100 also went down 0.27 percent to stand at 1,595 points.

Market capital lost LE 5.4 million, totaling LE 712.6 billion compared to LE 718 billion on Wednesday.

Foreign and Arab investors were net sellers with a total of LE 28.8 million and LE 6.6 million, respectively, while local traders purchased by LE 35.5 million.

Total turnover leveled down to LE 760 million from LE 919.97 million achieved Wednesday, while trade volume reached 261.4 million shares, down from 361 million shares yesterday.

Delta for Printing & Packaging topped gainers and hiked 9.4 percent, while Al-Arafa for Investment and Consultancies led the worst performers and declined 6.25 percent.

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