Cairo –Mubasher: The Egyptian Exchange (EGX) indices were mixed on Monday as the main index, or EGX30, fell by 0.87% to close at 6,777.8 points, hurt by the heaviest weight CIB that dropped by 3.5% to EGP 45.4.
EGX70 rose 0.11% to 368.8 pts, and EGX50 added 0.01% to 1155.8 pts. EGX100 also moved 0.08% higher to 776.5 pts.
Market capitalisation declined EGP 2.8 billion to EGP 427.7 billion, compared with EGP 430.5 billion on Sunday.
Global Telecom was the most active with a traded value of EGP 53.3 million. The stock climbed 1.96% to EGP 2.15.
Some leading stocks retreated such as EFG-Hermes and TMG which dropped 3.5% and 3.6%, respectively.
Nationals recorded a buy/sell difference of EGP 62.5 million, while Arabs and foreigners were net sellers of shares worth EGP 44.3 million and EGP 18.2 million in a row.
Extracted Oils was the best performer of the day, rocketing 8.6%. Meanwhile, Export Development Bank of Egypt was the big drag, diving 9.8%.
Translated by Abdul Maguid Aboshahla