In spite of The incentives announced by the governmentThe Egyptian Stock Exchange recorded losses during the current month of April, driven by the decline in trading values and volumes during the blessed month of Ramadan.
According to the monthly report of the Egyptian Stock Exchange, the market capitalization of the shares of listed companies decreased by 1.55%, as the listed companies lost about 11.3 billion pounds after the market capital fell from the level of 726.4 billion pounds at the closing of last March’s trading, to about 715.1 billion pounds in the closing Transactions for the current month of April.
In terms of indicators, the main index of the Egyptian Stock Exchange “EGX30” decreased by 1.70% to close at 11047.70 points.
The index of small and medium stocks “EGX70” of equal weights fell by 1.9% to close at 1873.98 points.
The broader “EGX 100” index of equal weights recorded a decline of 1.48%, to close at the level of 2851.09 points. The “EGX30” index with specific weights declined by 1.29% to close at 13,533.68 points. The “Tamayouz” index fell by 16.69% to close at the level of 3893.08 points.
According to the data, the capital of the small and medium shares index decreased from 126.6 billion pounds to 124.3 billion pounds, a decrease of about 2.5 percent. The capital of the broader index also declined from 558.2 billion pounds to 544.2 billion pounds, a decrease of about 2.5%.
The market capital of the Nile Stock Exchange decreased from 2.4 billion pounds to 2.1 billion pounds, a decrease of nearly 10%.
As for trading, the total trading value on the Egyptian Stock Exchange declined to 86.7 billion pounds during the month of April. While the trading volume amounted to about 7.441 billion papers executed on 563 thousand transactions, compared to a total trading value of 180 billion pounds, and the trading volume amounted to 8.672 billion papers executed on 952 thousand transactions during the last month.
As for the “Tamayouz” index, the total value of trading in it amounted to about 25.1 million pounds, and the volume of trading amounted to 64.9 million papers executed on 4110 transactions during the month of April.
Shares accounted for 60.17% of the total value of trading inside the cabin, while the trading value of bonds represented about 39.83%.
The trading totals of the companies listed in the stock exchange indices were distributed between 35.7 billion pounds in the main index of the stock exchange, with a trading volume of 2.1 billion executed securities, and the number of transactions of 260.9 thousand operations.
The value of trading in the shares of the “EGX70” index reached about 5.5 billion pounds, with a trading volume of 2.5 billion securities executed through 174.1 thousand transactions.
The value of trading in the shares of the broader index reached about 41.2 billion pounds, with a trading volume of 4.6 billion securities executed through 435 thousand transactions.