Stock market finished lower Monday incurring losses worth around one billion Egyptian pounds (US$127.6 million) amid local and Arab investors' selloff. The market capitalisation has reached 443.121 billion pounds during the closing session of Monday. Indices Egypt's benchmark index, EGX30 went down 0.33 percent to 7239.27 points. The newly-launched EGX50 EWI index dropped 0.19 percent to 1196.69 points. EGX20 also fell 0.43 percent to 6838.46 points. In addition, the mid- and small-cap index EGX70 inched lower 0.15 percent to 384.83 points. The price index, EGX100 sagged 0.11 percent to 832.8 points. Turnovers On Monday, the bourse's trading volume has hit 72.697 million securities, with turnovers closed at 874.129 million pounds, exchanged through 10,775 thousand transactions. Also during the closing session, 161 listed securities have been traded in; 72 declined, 41 advanced; while 43 kept their previous levels. Investors' Activities Local and Arab investors remained net sellers Monday seizing 77.55 percent and 3.41 percent respectively of the total markets, with a net equity of 19.534 million pounds and 28.316 million pounds, respectively, excluding the deals. On the contrary, non-Arab foreign investors were net buyers capturing 19.04 percent of the total market, with a net equity of 47.851 million pounds, excluding the deals.
