1 Day
Source:
بوابة أخبار اليوم
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Egyptian traders trigger market decline
The Egyptian Stock Exchange closed its transactions today, Thursday—the last session of the week and of July—with a collective decline in the indices due to selling pressures from Egyptian traders, with total trading value of approximately 11.9 billion Egyptian pounds. The "EGX 30" index decreased by 0.35%, closing at 53,442 points, while the "EGX 70 Equal Weights" index fell by 1.03%, ending at 18,233 points. The "EGX 100" index declined by 0.91%, reaching 24,035 points. Other indices also experienced declines, indicating a drop in market capitalization by 23 billion pounds to 3.936 trillion pounds. This comes amid indications that the market is affected by selling pressures, with warnings about the risks associated with trading based on inaccurate data.
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