CIB acquires 94% of EGX’s bank sector liquidity

Cairo – Mubasher: The heavyweight Commercial International Bank (CIB) dominated 93.7% of the banking sector’s liquidity on the Egyptian Exchange (EGX).

By 11:50 am Cairo time, the CIB’s stock fell 2.23% to EGP 73.43 as 653,350 shares were traded at a turnover of EGP 48 million.

Meanwhile, the banking sector index slid 0.99% as 871,180 shares were traded at a turnover of EGP 51.2 million.

Meanwhile, the benchmark EGX30 index slipped 0.45%, or 65.45 points, to 14,395.51 points.

Total liquidity stood at EGP 481.92 million exchanged through 9,900 transactions as 80.03 million shares were traded.

MUBASHER Contribution Time: 06-Dec-2017 10:36 (GMT)
MUBASHER Last Update Time: 06-Dec-2017 12:25 (GMT)