Asia-Pacific markets mixed, cautious on Iran war    EGX to launch EGX phone app    Egyptian pound extends gains against USD by midday trade    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    Pakistan FM warns against fake news, details Iran-Israel de-escalation role    Russia seeks mediator role in Mideast, balancing Iran and Israel ties    LTRA, Rehla Rides forge public–private partnership for smart transport    Egyptian government reviews ICON's development plan for 7 state-owned hotels    Divisions on show as G7 tackles Israel-Iran, Russia-Ukraine wars    Egyptian government, Elsewedy discuss expanding cooperation in petroleum, mining sectors    Electricity Minister discusses enhanced energy cooperation with EIB, EU delegations    EHA, Konecta explore strategic partnership in digital transformation, smart healthcare    Sisi launches new support initiative for families of war, terrorism victims    Egypt's GAH, Spain's Konecta discuss digital health partnership    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    US Senate clears over $3b in arms sales to Qatar, UAE    Egypt discusses urgent population, development plan with WB    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    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.



Egypt Stocks remain Bearish, with EGP751 million Losses
Published in Amwal Al Ghad on 24 - 03 - 2015

Egypt stocks fell on Tuesday with losses totalling 751 million Egyptian pounds (US$98.5 million) as the non-Arab foreign investors' selling pressures continue for the third day in a row.
Consequently, the country's main stock index, EGX30 slipped further below 9370 points.
Indices:
The benchmark index, EGX30 dipped by 0.07 percent to close at 9367.54 points. EGX20 went down by 0.22 percent to 10077.67 points.
In addition, the mid- and small-cap index EGX70 decreased by 0.22 percent to 525.97 points. The price index, EGX100 plummeted by 0.73 percent to 1069.3 points.
Turnovers still below 1 billion Pounds
On Tuesday, the trading volume has reached 93.194 million securities, with turnovers closed at EGP 775.613 million, exchanged through 16.865 thousand transactions.
Also during the closing session, 179 listed securities have been traded in; 82 declined, 54 advanced; while 39 kept their previous levels.
The market capitalization recorded EGP 513.644 billion on Tuesday.
Investors' Activities
The non-Arab foreign investors were net sellers on Tuesday seizing 15.58% of the total market, with a net equity of EGP 36.828 million, excluding the deals.
On the other hand, local and Arab investors were net buyers capturing 81.07% and 3.34% respectively of the total markets, with a net equity of EGP 22.900 million and EGP 13.928 million, respectively, excluding the deals.


Clic here to read the story from its source.