
Egypt bourse began early trading on Sunday by a marked downward trend during the first ten minutes of the session prompted by random sellouts of investors.
The capital market lost ten billion pounds to hit 374 billion pounds against 384 billion pounds at the end of last week's transactions.
The benchmark index EGX 30 dropped by 5.2 percent to 5552.56 points.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) was down 2.9 percent to 326.77 points.
The all-embracing EGX 100 index followed suit with 2.6 percent taking the index down to 675.44 points.
A bourse broker said the Egyptian Exchange is affected by the sharp decline of the US market on Friday as well as today losses of the Saudi and Dubai bourses.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor