The Stock Exchange Loses 3.3 Billion Pounds At The End Of Negotiations – The Future



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The Egyptian Stock Exchange ended Monday's session with a collective decline in all indices related to domestic sales and weak volumes. Market capitalization fell by 3.3 billion EGP to 720.019 billion pounds.

The volume of transactions on the shares amounted to 97.9 million shares for a total value of 389.7 million pounds. 13,174 transactions were completed for 174 companies. Egyptians made 68.38% of total transactions. Foreigners accounted for 24.54% and Arabs 7.08% during the session. Institutions accounted for 46.10% of stock market transactions, with the remaining 53.89% representing individuals.

Net transactions of Egyptian, Arab and foreign individuals and Arab institutions for sale amounted to LE 22.7 million, EGP 12.9 million, EGP 1.7 million and EGP 13.4 million. while net transactions of Egyptian and foreign institutions amounted to 26 million and 24.7 million EGP respectively.

The EGX30 index lost 0.28% to close at 13421 points, but the EGX 50 index fell 0.81% to end at 1985 points, while the EGX30 weighting index fell 0.5% to end at 16468 points.

The EGX70 index lost 0.42% to close at 524 points, while the EGX 100 index lost 0.43% to close at 1356 points and the Nile Stock Exchange index gained 0 , 55% to close at 468 points.

Shares of 40 publicly traded companies closed at market close, 84 companies were down and 50 companies remained unchanged.

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