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EGX30 plunges by 3.16% in morning trading - Daily News Egypt

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EGX30 plunges by 3.16% in morning trading

On Sunday, EGX indexes bled heavily amid intense selling by Egyptians leading to market losses of EGP 31.5bn


The Egyptian Exchange (EGX) EGX30 index plunged by 3.16% in morning trading on Tuesday.
On Sunday, EGX indexes bled heavily amid intense selling by Egyptians leading to market losses of EGP 31.5bn. At the time EGX halted trading on 70 companies for 10 minutes after stocks fell by 5%. Afterwards, trading was suspended for more 30 minutes on the back of EGX100 index falling by 5% for the first time since November 2016, amid strong sales by Egyptian investors.

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