Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday’s trading session on a negative note, pressured by local selloffs triggered by concerns over a new strain of coronavirus.
The benchmark EGX30 index slid by 2.82% to 10,581 points, while the small- and mid-cap EGX70 EWI plunged by 7.1% to 1,958 points.
Likewise, the EGX100 EWI retreated by 6.67% to 2,852 points, whereas the EGX50 EWI plummeted by 6.18% to 2,091 points.
The market cap lost EGP 26.5 billion to close at EGP 627.212 billion.
Local investors were net sellers with EGP 46.96 million, while Arab and foreign investors were net buyers with EGP 24.22 billion and EGP 22.7 million, respectively.
The market’s turnover reached EGP 1.65 billion after 572.96 million shares were exchanged through about 46,810 transactions.
