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    







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Egypt Stocks start this Week lower on Local Selloff
Published in Amwal Al Ghad on 26 - 04 - 2015

Egypt's stocks ended Sunday lower with losses worth 3.5 billion Egyptian pounds (US$459 billion) driven by local investors' selling pressures. The country's main stock index, EGX30 retreated below 8635 points.
The market capitalization has hit 503.714 billion pounds during the closing session of Sunday.
Indices:
Egypt's benchmark index, EGX30 inched down by 1.12 percent to close at 8633.86 points. EGX20 dropped by 1.25 percent to 9146.17 points.
In addition, the mid- and small-cap index EGX70 plummeted by 0.46 percent to 488.78 points. The price index, EGX100 fell by 0.51 percent to 984.22 points.
Turnovers climb
On Sunday, the bourse's trading volume has recorded 91.883 million securities, with turnovers closed at EGP 1.173 billion, exchanged through 12.627 thousand transactions.
Also during the closing session, 162 listed securities have been traded in; 103 declined, 25 advanced; while 30 kept their previous levels.
Investors' Activities
Local investors were net sellers on Sunday seizing 96.76% of the total market, with a net equity of EGP 14.177 million, excluding the deals.
On the other hand, the non-Arab foreign and Arab investors were net buyers capturing 1.82% and 1.41% respectively of the total markets, with a net equity of EGP 10.404 million and EGP 3.772 million, respectively, excluding the deals.


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