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Egypt’s market gains LE1.6 billion on Monday, while all indexes go down

Egypt's stock market closed in the red zone for the second session in a row, as the benchmark EGX30 index on Monday went down by 0.54 percent, recording 8,489.41 points and a turnover of LE377 million, the Egyptian Exchange data showed.
 
Meanwhile, the small and mid-cap EGX70 index and the broader EGX100 index declineed by 1.34 percent and 0.91 percent, respectively.
 
Local and Arab institutions were net sellers, recording net flows of LE2.1 million and LE105.1 million, respectively, while foreign institutions were net buyers, recording net flows of LE108.7 million.
 
Despite the day's decline of all indexes, the EGX market capital gained LE1.6 billion (US$212 million), hitting LE490.11 billion, compared to LE488.51 billion on Sunday.

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