Al-Borouj Misr unveils EGP 60bn investment plan with four major projects in 2025    Egypt approves Property ID Law to enhance real estate governance, transparency    IMKAN Misr increases investments to EGP 2.56bn to drive expansion in Egyptian market    India suspends all Pakistani imports indefinitely    OPEC+ may end 2.2m bpd cuts    EGP up against USD at Sunday's close    White House to cut NASA budget    Egypt's UHIA launches 1st electronic medical pricing system    Egypt, S. Arabia ink deal to tackle common health challenges    Egypt's c. bank offers EGP 10b T-bonds fixed coupon    Israeli escalation in Gaza amid warnings of humanitarian collapse    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Egypt's PM attends Gabon president's inauguration after election win    Egypt's Abdelatty, US Advisor Boulos hold call on Africa, Middle East stability    EU ambassador commends Aswan's public healthcare during official visit    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Taiwan GDP surges on tech demand    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Local Selling Pressures Drag Egypt Shares to Lose EGP680 mln at Close
Published in Amwal Al Ghad on 03 - 02 - 2014

Egypt's bourse incurred today losses totaled 680 Egyptian pounds driven by local selling pressures. In return, Egypt's main bourse index also closed lower below 7410 points.
The Egyptian Exchange (EGX) indices were wavering in red notes on Monday afternoon.
Indices
Egypt's benchmark index EGX30 ended 0.37 per cent lower to 7408.86 pts; while EGX20 finished 0.29 per cent down to 8834.54 pts.
Meanwhile, the mid- and small-cap index, the EGX70 fell by 0.35% to close at 588.15 pts. The price index EGX100 went down by 0.38 per cent to conclude at 997.77 pts.
Furthermore, the market capitalization recorded EGP 453.768 billion on Monday.
Turnovers
Through the closing session of Monday, the trading volume has reached 289.559 million securities, with turnovers worth EGP 721.900 million, exchanged through 32.363 thousand transactions.
Also during the closing session, 181 listed securities have been traded in; 110 declined, 56 advanced; while 15 keeping their previous levels.
Investors' Activities
Egyptians were net sellers capturing 92.66% of the total market, with a net equity of EGP 7.038 million, excluding the deals.
On the contrary, the non-Arab foreigners and Arabs were net buyers seizing 4.15% and 3.18% respectively of the total markets, with a net equity of EGP 185.744 thousand and 6.852 million respectively, excluding the deals.


Clic here to read the story from its source.