Egyptian Stock Exchange Loses 18.9 bln Pounds, in Week-long Trading

The Egyptian stock exchange lost as much as 18.9 billion Egyptian pounds, during the trading of the previous week, pushing down the market capitalization of the listed companies to about 655.5 billion Egyptian pounds.

Performance of all indices, the main as well as the secondary, collectively declined in the stock exchanged, as the main index Egy X 30 lost 4.56 percent to close at the level of 10,242 points, while the index of the small and medium sizes (companies) shares Egy X 70 lost 0.16 percent, posting 2,225 points, while the broader index Egy X 100 ended the trading at the level of 3,150 points, losing 0.97 percent.

The stock exchange weekly roundup report pointed to the rise of the trading values to stand at 18 billion pounds, through trading as many as 3.5 billion securities, carried out in 287,000 transactions.

Source: Saudi Press Agency