Business

Stock market drops before Monday trading

The Egyptian stock market’s benchmark EGX30 declined on Monday by 0.25 percent reaching 5321 points.

Trading reached around LE6.564 million on 10.042 million shares.

Capital market lost around LE500 million, declining from LE353.1 billion on Sunday to LE352.6 billion on Monday.

On Sunday, the EGX30 declined by 3.87 percent recording 5334.5 points. EGX 70, which tracks the performance of small and medium-sized shares, declined by 1.85 percent recording 421 points. The broader EGX100 dropped by 2.17 percent reaching 721.7 points.

Edited translation from Al-Masry Al-Youm

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