Egyptian Stock Exchange Thursday session witnesses collective decline

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The Egyptian Stock Exchange started the trading session on Thursday with a noticeable collective decline, as the primary index EGX30 fell by 0.72%.

The EGX70 Index of Medium Shares declined by 0.31%, the broader EGX100 Index declined by 0.41%, and the EGX70 Small and Medium Enterprises Index declined by 0.20%.

The market capitalization of listed shares recorded 685.1 billion pounds, losing about 1.7 billion pounds compared to Wednesday’s session. Arab and foreign investors sold shares of about 4.4 million and 4.2 million pounds, respectively, while Egyptian investors bought shares of about 8.5 million pounds. The stock market had concluded Wednesday’s session in the red zone, as the primary market index EGX30 declined by 0.55%. The EGX70 Small and Medium Enterprises Index declined by 0.43%. The market capital of the listed shares fell to 686.8 billion pounds. Foreign investors bought shares of about 381 million pounds, while Egyptian and Arab investors sold shares of about 286 million and 95 million pounds, respectively.