Foreign Sell-Off Pressures Egyptian Stocks in Midday Trading Monday
Egypt’s stock market indices slipped in midday trading on Monday, weighed down by foreign investors’ sell-offs, while Egyptian and Arab investors turned to net buying.
By the halfway point of the session, total trading values had reached around EGP 1.9 billion. The benchmark EGX30 fell 0.67% to 35,011 points. Among small- and mid-cap stocks, the EGX70 index declined 0.25% to 10,510 points, while the broader EGX100 dipped 0.23% to 13,981 points.