Cairo – Mubasher: The Egyptian Exchange (EGX) started Wednesday in red territory, pressured by Arab sell-off.
By 10:30 am Egypt time, the benchmark EX30 index shed 035% to 13,532.7 points.
The small- and mid-cap EGX70 index went down 0.02%, to 693.38 points, while the broader EGX100 index decreased 0.08% to 1,740.61 points, and the equal-weighted EGX50 index fell 0.31%, to 2,100.42 points.
The EGX saw trading of 8.3 million shares exchanged through 1,160 transactions with a turnover of EGP 29.81 million.
Arab traders were net sellers with EGP 1.6 million, while Egyptian and foreign investors were net buyers with EGP 1.08 million, and EGP 578,140, respectively.
