EGX closes in red, benchmark down 0.96%

CAIRO – 4 December 2017: The Egyptian Exchange (EGX) ended its transactions in red on sales operations to collect gains.

Benchmark index EGX30 went down 0.96 percent to stand at 14,572 points. The small and mid-cap index EGX70 decreased 1.34 percent to end at 787.17 points and the broader index EGX100 leveled down 1.04 percent to close at 1,841.9 points.

Market capitalization slumped LE 6.8 billion to record LE 802.846 billion, down from LE 809.7 billion registered at the end of transactions Sunday.

Arab and foreign individuals as well as foreign institutions were net sellers at LE 4.1 million, LE 13,000 and LE 88.7 million. Meanwhile, Egyptian and Arab institutions in addition to foreign individuals purchased at LE 76.4 million, LE 8 million and LE 3.5 million respectively.

Shares of 48 companies recorded increases, while 120 others saw declines, while, shares of 25 firms remained unchanged.