EGX drops on local sales, benchmark losses 0.8%

CAIRO - 15 January 2018: The Egyptian Exchange (EGX) ended Monday in red, hurt by the sales of Egyptian investors.
The exchange lost LE 3.2 billion in market capital to end the trading with LE 848.56 billion.

The EGX 30 benchmark index dropped 0.83 percent to reach 15,127.76 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SMEs) decreased 0.7 percent to end at 837.94 points.

The all-embracing EGX 100 index went down 0.7 percent to end at 1994.58 points. The equally weighted EGX-50 lost 0.71 percent to close at 2673.68 points.

Foreign and Arab investors were net buyers with LE 509.5 million and LE 93.9 million respectively, while Egyptian investors were net sellers with LE 603.5 million.