EGX ends in red, benchmark loses 2.8%

BY

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Sun, 23 Apr 2017 - 04:08 GMT

BY

Sun, 23 Apr 2017 - 04:08 GMT

Creative Commons via Pixabay

Creative Commons via Pixabay

CAIRO – 23 April 2017: The Egyptian Exchange (EGX) indexes were all down at the close of Sunday's trading amid sales by foreign investors as well as the Egyptian and Arab institutions.

Meanwhile, purchase operations prevailed in transactions of Egyptian and Arab investors in addition to foreign institutions.

The benchmark EGX30 index declined 2.8 percent, closing at 12,544 points

The small and mid-cap enterprises index (EGX70) decreased 0.55 percent, standing at 587 points.

Also, the all-embracing EGX100 was down 1.24 percent, registering 1,349 points.

Market capitalization lost about EGP11.7 billion ($646.4 million) after transactions recorded EGP651.9 billion. The market turnover registered EGP869 million.

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