Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session down amid foreign and Arab selling.
The benchmark EGX30 index fell 0.72% or 97.16 points to the level of 13,317.89 points.
Commercial International Bank – Egypt (CIB) dropped 2.31% to EGP 82, with a turnover of EGP 129.17 million.
The EGX70 index tumbled 0.63% to 687.23 points, while the EGX100 index slipped 0.42% to 1,557.49 points.
The equally-weighted EGX50 index added 0.51% to 2,070.12 points.
Traded volume reached 352.26 million shares exchanged at a turnover of EGP 720.8 million through 18,800 transactions.
Market capitalisation lost EGP 3.2 billion and closed at EGP 701.6 billion.
Egyptian and Arab investors were net sellers with EGP 1.69 million and EGP 3.13 million, respectively, while foreign investors were net buyers with EGP 7.3 million.
Emaar Misr topped declining blue chips by 2.77%, followed by Eastern Company, which dwindled 2.67%.
On the other hand, Egyptian Financial and Industrial (EFIC), Porto Group Holding, and Amer Group gained 9.95%, 9.76%, and 6.67%, respectively.