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Cairo – a
Published on:
Wednesday, July 4th, 2018 – 15:21
| Last update:
Wednesday, July 4th, 2018 – 15:21
Egyptian stock indexes closed lower on Wednesday, thanks to the sale of investors, investment funds and financial institutions Arab and foreign, pending any news regarding the companies with responsibility companies that the government plans to launch in the coming period. Listed companies have about 5.6 billion pounds to reach 904.4 billion pounds after trading at 800 million pounds
The main EGX 30 index closed down 0.68 % to close at 16,309.65 points, the index of the EGX 100 index broadly decreased by 0.81% to close at 2047.77 points.
Ahmed Abdel Hamid, general manager of a brokerage firm, said the market was affected by the absence Positive news for companies, while investors were unaware of the announcement of the Egypt to receive the fourth tranche of the International Monetary Fund loan of $ 2 billion.
Abdul Hamid said the saturation of the market for the rise in recent months, For a positive good news, I understand
The general manager of a securities management company expected the market continues to experience some volatility over the coming period until the announcement of the first public offering of companies on the stock market.
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