Cairo – Mubasher: Arab and foreign selling pressures have dragged down the indices of the Egyptian Exchange (EGX) early Monday.
By 10:25 am Cairo time, the benchmark EGX30 index lost 55 points, or 0.41%, to 13,482 points.
The small- and mid-cap EGX70 index inched down 0.05% to 698.6 points, the broader EGX100 index dipped 0.15% to 1,750 points.
The equal-weighted EGX50 index shed 0.59% to 2,088.8 points.
Arab and foreign investors were net sellers with EGP 10.8 million and EGP 1.9 million, respectively, whereas Egyptian investors were net buyers with EGP 12.7 million.
Trading volume amounted to nearly 22 million shares exchanged through 2,600 transactions at a turnover EGP 11 million.
The heavyweight Commercial International Bank (CIB) slipped 0.06% to EGP 80 at a turnover of EGP 1.2 million.
