High Sale By Locals And Arabs On The Egyptian Stock Exchange
The Egyptian Stock Exchange witnessed a flood of selling by local and Arab investors, led by institutions in mid-Sunday trading, the first session of the week, amid very low trading, and a decline of 85% of shares that witnessed transactions.
Domestic sales reached 347 million pounds, and Arabic 2.2 million pounds. In contrast, the foreigners' purchasing trend was 349.2 million pounds.
This came in line with a strong collective decline in the indicators, which recorded 4% for the main index EGX30 to 13317 points, the small and medium shares index EGX70 increased 4% to 515 points, and the broader EGX100 increased by 4.19% to 1340.4 points.
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