EGX flags in red Thursday, market cap. loses LE 5.75B - News Summed Up

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EGX flags in red Thursday, market cap. loses LE 5.75B


The small and mid-cap index EGX 70 declined 2.45 percent, or 35.85 points, to close at 1,425.94points, and the broader index EGX 100 dipped 2.27 percent, or 51.26 points to 2,202.82 points. Market capitalization lost LE 5.75 billion, recording LE 574.93 billion, compared to LE 580.68 billion in Wednesday’s session. Foreign investors were net sellers at LE 57.8 million, while Egyptian and Arab investors were net buyers at LE 38.04 million, and LE 19.76 million, respectively. Egyptian, Arab and foreign individuals were net buyers at LE 10.55 million, LE 15.68 million and LE 459,677, respectively. Foreign organizations sold at LE 58.26 million, while Egyptian and Arab organizations bought at LE 27.48 million, and LE 4.09 million, respectively.


Source: Egypt Today July 16, 2020 14:03 UTC



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