Cairo - Mubasher: The Egyptian Exchange (EGX) indices ended on mixed note Monday, while the market capitalization gained nearly EGP 1.38 billion on local institutions buying.
The benchmark index EGX30 fell 0.64% or 41.47 points to close at 6,480.65 points.
The main gauage resumed its downside movement, which it started earlier after it break below the level of 7,200 points, to move currently near the level of 6,450 points, said Ahmed Thabet, Technical Analyst at Tycoon securities.
The heavy weighed Commercial International Bank (CIB) went down 2.8% to EGP 43.98, with 4.5 million shares change hands worth of 199.3 million.
The small and mid-cap index EGX70 gained 0.33% to 350.53 points, while the broader index EGX100 slide 0.05% to 760.75 points.
The equal-weighted index EGX50 advanced 0.44% to 1,102.30 points.
The market total turnover recorded EGP 1.5 billion, on trading 403.5 million shares, through 20,000 transactions
Arab and foreign investors came as net sellers with EGP 70.1 million and EGP 247.3 million respectively, while local investors came as net buyers with EGP 318.4 million.
Institutions came as net buyers, especially the local ones, while retail traders were net sellers.