EGX ends on mixed note, benchmark down 0.4%

CAIRO – April 10, 2017: The Egyptian Exchange extended its mixed performance Monday, with the benchmark index (EGX30) closing in the red for a third consecutive session negatively affected by selling pressures from local and Arab traders.

The market was hit by an investor bearish sentiment after two deadly explosions hit two Coptic churches in Egypt on Palm Sunday, leaving at least 45 killed and about 110 injured.
The benchmark index (EGX30) dipped further below the 13,000-barrier, losing 0.36 percent to end at 12,848 points.

The small and mid-cap EGX70 index went up 0.99 percent, closing at 593 points, and the broader EGX100 index also rose 0.63 percent to reach 1,358 points.

Market capitalization gained about 326 million EGP ($18 million), totaling 657.7 billion EGP. Total turnover amounted to 745 million EGP.