Daily News Egypt

Profit-taking operations push EGX down at closing session - Daily News Egypt

Advertising Area

Advertising Area

Profit-taking operations push EGX down at closing session

Investment funds and foreign and Egyptian institutions were net sellers, while Egyptians and Arab institutions followed selective buying.


Profit-taking operations pushed the Egyptian Exchange (EGX) to retreat at the closing session on Thursday.

Investment funds and foreign and Egyptian institutions were net sellers, while Egyptians and Arab institutions followed selective buying.

The market capitalisation reached EGP 671.9bn, while the benchmark index EGX30 fell by 0.69% to record 10,731.96 points.

Profit-taking operations extended to the EGX70 EWI, as it lost 0.54% of the gains it had achieved over the course of the week, to close at 2,229.15 points. The EGX100 EWI also declined to 3,200.82 points.

Topics: EGX

Advertising Area

https://dailyfeed.dailynewsegypt.com/2021/05/20/profit-taking-operations-push-egx-down-at-closing-session/
Breaking News

No current breaking news

Receive our daily newsletter
Subscribe