Friday , August 12 2022

The Egyptian stock exchange lost 16 billion pounds last week's trade



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The losses on the Egyptian stock exchange during the week last week about £ 16 billion to reach the market value of shares in companies about 763.6 billion pounds.
Performance for main and secondary market indices decreased collectively, with the EGX30 index falling 0.50% to 13675 points. The EGX70 index dropped by 0.9% to reach 687 points. The EGX 100 Index decreased by 0.81% to reach the level of 1724 points.
The Egyptian stock exchange's weekly report pointed out that the decline in the value of trade amounted to 5.8 billion pounds through the circulation of 194.1 billion paper, completed on 121 thousand transactions.
Egyptian investors accounted for 59.6% of total market transactions while foreign non-Arab investors accounted for 14.95% and Arabs at 25.9%, excluding contracts.
Non-Arab foreign investors reported net sales of 231.8 million LE, and Arab investors reported net sales of 183.1 million EGP after excluding contracts.
He concluded that the total value of trade on bonds amounted to GBP 246 million and that the total volume of turnover on bonds amounted to approximately 243,000 bonds.

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