Cairo – Mubasher: The Egyptian Exchange started Wednesday on a lower note due to selling pressure, tracing regional and world equity markets.
The main index EGX30 lost 233 points, or 2.3%, to the mark of 9,864 points by 10:15am Cairo time.
The small and mid-cap index went down 0.3% to 379.9 points.
The broader index EGX100 fall 1.02% to 895.7 points and the equal-weighted index EGX50 opened lower 2.06% to 1,478.6 points.
As Donald Trump is elected the new president of United States, which is against all expectations, regional and world markets plunged.
Nationals were net sellers by EGP 32.5 million, while foreign and Arab investors were net buyers by EGP 24.6 million and EGP 7.9 million respectively.
Out of 108 traded stocks, 74 were down, 6 up and 28 unchanged.
Trading volume reached EGP 132.5 million after 85 million shares were traded.
