Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session amid Egyptian investors’ selling.
The benchmark EGX30 index closed 0.9% or 118.67 points lower, reaching 12,996.20 points; its lowest levels in three months or since May 2017.
The EGX70 index gained 0.47% to 686.97 points, while the EGX100 index inched up 0.08% to 1,551.81 points.
The equally-weighted EGX50 index tumbled 0.79% to 2,012 points.
Market capitalisation lost EGP 2.08 billion and closed at EGP 691.13 billion.
Traded volume stood at 181.09 million shares exchanged at a turnover of EGP 544.9 million through 19,880 transactions.
Foreign and Arab investors were net buyers by EGP 50.7 million and EGP 9.7 million, respectively, while Egyptian investors were net sellers by EGP 60.4 million.
Blue chips Amer Group, Heliopolis Company for Housing and Development, and Elsewedy Electric Co dropped 6.67%, 5.48%, and 4.23%, respectively.
Meanwhile, Arabian Food Industries Co (Domty) was the only rising stock with a rise of 1.86%.
Commercial International Bank – Egypt (CIB) shed 0.44% to EGP 81.35.
