Amwal Al Ghad English - 2013-04-22 13:06:46
The Egyptian Exchange (EGX) has extended its opening losses by the end of Monday’s sessions. The EGX has incurred losses of EGP 3.8 billion during Monday’s closing session for the market is in full alert of whether cash-strapped Egypt would obtain the International Monetary Fund’s long-awaited US$ 4.8 billion in May as the country’s central bank chief said or within the fourth quarter of 2013 as EFG-Hermes said.
The capital market has reached to EGP 356.770 billion during Monday’s closing session.
The EGX indices ended Monday in red notes.
Egypt’s benchmark index EGX30 dropped by 0.73% to close at 5215.49 p; while the EGX20, it also pushed down by 1.85% to end at 6050.91 p.
Meanwhile, the mid- and small-cap index, the EGX70 dipped by 0.39% to conclude at 451.1 p. Price index EGX100 tumbled by 0.52% to finish 745.93 p.
During Monday’s closing, the trading volume hit 83.080 million securities, higher than Sunday’s 70.808 million securities, representing an increase of 12.272 thousand securities. For the traded value, it reached EGP 262.462 million, exchanged through 13.088 thousand transactions. More»