EGX posts collective losses at close of Sunday trading

BY

-

Sun, 18 Sep 2022 - 04:49 GMT

BY

Sun, 18 Sep 2022 - 04:49 GMT

EGX- Reuters

EGX- Reuters

CAIRO - 18 September 2022: Egyptian Exchange indexes posted collective losses at the close of Sunday's trading prompted by selling operations by investors, amid growing concerns that world central banks, led by the US Federal Reserve, will continue raising interest rates, which may lead to a further negative impact on global financial markets.
 
The market capital lost some LE 17.7 billion, closing at approximately LE 676.6 billion after transactions that totaled nearly LE 2.4 billion.
 
The EGX 30 benchmark index decreased by 3.13 percent to stand at 9,763.19 points.
 
The broader EGX 70 EWI of the leading small and mid-cap enterprises (SMEs) nosedived by 6.76 percent, closing at 2,114.53 points.
 
The all-embracing EGX 100 index was also down 5.78 percent, ending at 3,036.09 points. 

Comments

0

Leave a Comment

Be Social