Cairo – Mubasher: The Egyptian Exchange finished the mid-week trading session on a mixed note amid weak trading values.
The benchmark index fell 0.8%, or 68.3 points, to close at 8,202.4 points.
The heaviest EGX30 constituent CIB saw a slide of 0.97% to EGP 49.35 with a turnover of EGP 46.3 million.
Likewise, the equal-weighted index EGX50 declined 0.9% to the mark of 1374.4 points.
Meanwhile, the small and mid-cap index EGX70 inched up 0.3% to 358.5 points and the broader index was higher 0.1% to 819.2 points.
Market capitalization lost EGP 1.6 billion to end the session at EGP 414.3 billion against EGP 415.9 billion a session earlier.
Market analyst Ahmed Al-Bagory said the main gauge dived by 0.8% on Tuesday to hover at the support area of 8,200 points amid lower-than-average trading values.
The analyst expected the sideways performance to continue on Wednesday and Thursday ahead of Eid al-Adaha vacation.
Trading value reached 415.8 million after 111.4 million shares were traded.
Nationals and foreign investors were net sellers by EGP 17.3 million and EGP 7.5 million, while Arab investors were net buyers by EGP 24.8 million.
The top gainers were led by Egyptian Financial & Industrial (+9.9%), Al Arafa For Investmen (+8.3), and Middle & West Delta Flour Mills (+5.7%).
Meanwhile, the top losers were headed by El Nasr For Manufacturing Agricultural Crops, Zahraa Maadi Investment & Development, and Arab Moltaka Investments after sliding 9.9%, 7.8%, and 3.4%, respectively.