The Egyptian Stock Exchange ended this week’s trading in the red.
This comes after weeks of record gains.
Listed stocks posted slight losses amid selling pressure from Arab and foreign investors.
The Egyptian Stock Exchange’s market capitalization fell by 0.4%, with losses totaling approximately 17.5 billion pounds.
It fell from 4.2364 trillion pounds at the end of last week to 4.2189 trillion pounds.
The market capitalization of the EGX 30 index fell by 1% to 2.1193 trillion pounds, with losses totaling 22.2 billion pounds.
The value of shares in the EGX 70 index also fell by 0.6% to 1.0974 trillion pounds.
The EGX 100 index recorded market losses of approximately 28.8 billion pounds.
After its value fell by 0.9% to 3.2167 trillion pounds.
In contrast, the market capitalization of small and medium-sized companies rose by 1.9%, reaching 4.8 billion pounds.
Egyptian investors accounted for 92.4% of trading volume, compared to 4.7% for foreign investors and 2.9% for Arab investors.
Foreign investors recorded net sales of 1.1384 billion pounds, while Arab investors recorded net sales of 503.6 million pounds.
In contrast, Egyptian institutions recorded net purchases of approximately 1.2883 billion pounds.
This was supported by purchases from investment funds, banks, and Egyptian companies.
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