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Egypt’s market loses LE1.6 billion on Sunday, EGX30 down 0.5%

Egypt's stock market closed in the red zone on Sunday, as the benchmark EGX30 index went down by 0.48 percent, recording 8,535.19 points and a thin Ramadan turnover of LE152 million, the Egyptian Exchange data showed.
 
Meanwhile, the small and mid-cap EGX70 index and the broader EGX100 index inched down by 0.16 percent and 0.38 percent, respectively.
 
Local and foreign institutions were net sellers, recording net flows of LE8 million and LE2.02 million, respectively, while Arab institutions were net buyers, recording net flows of LE4.5 million.
 
The EGX market capital lost LE1.62 billion (US$213 million), hitting LE488.51 billion, compared to LE490.13 billion on Thursday.

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