Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday’s session on a mixed noted, pressed by Egyptian selling.
The benchmark EGX30 index lost 0.21% or 29.16 points to the level of 13,968.53 points.
The heavyweight Commercial International Bank – Egypt (CIB) shed 1.92% to EGP 78, with a turnover of EGP 191.09 million.
Market capitalisation closed at EGP 775.29 billion, losing EGP 1.2 billion.
The EGX70 index fell 1.38% to 800.51 points, while the EGX100 index declined 1.01% to 1,788.91 points.
The equally-weight EGX50 index edged up 0.47% to 2,403 points.
Trading volume amounted to 446.29 million shares exchanged through 44,890 transactions at a turnover of EGP 1.6 billion.
Blue chips including Abu Dhabi Islamic Bank - Egypt (ADIB), Telecom Egypt, and Sidi Kerir Petrochemicals (Sidpec) dropped 4.34%, 3.69%, and 2.69%, respectively.
On the other hand, Egyptian Iron and Steel (HADISOLB), Arab Cotton Ginning, and Sixth of October for Development and Investment (SODIC) levelled up 5.25%, 4.98%, and 3.74%, respectively.
Arab and foreign investors were net buyers with EGP 16.8 million and EGP 32.7 million, respectively, while Egyptian investors were net sellers with EGP 49.5 million.
