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Egypt’s main indicator retreats by 2.46% during last week

Egypt's benchmark index EGX30 slumped by 2.46 percent to reach 5,173 points during last week , said state-owned MENA citing the Egyptian stock exchange's weekly report. 
 
The report revealed the contrast between the benchmark and secondary market indicators as the index for small and medium enterprises EGX 70 increased by 2.29 percent to reach 344 points while the broader  EGX100 declined by 0.37 percent to reach 692 points. 
 
It added that Egypt’s bourse suffered losses of LE3.5 billion decreasing the capital market share of listed companies to LE380.5 billion instead of LE384 billion during the previous week's trading, marking a decline of about 0.9 percent. 
 
Egyptian investors' trading amounted to about 90.73 per cent of the total market transactions, while non-Arab foreign investors accounted for 5.13 percent of the market transactions and Arab investors' transactions amounted to 4.14 percent, excluding deals.
 
Non-Arab foreigners made net sales of about LE187.35 million, and Arabs made net purchases of LE158.93 million, excluding deals. 
 
Institutions recorded 75.6 percent of the bourse's transactions, while the remaining 24.84 percent were for individual transactions.
 
 
This content is from : Aswat Masriya

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