Cairo - Mubasher: The Egyptian Exchange’s (EGX) indices retreated collectively on Sunday, as the benchmark index EGX30 lost 2.03% or 140.36 points to close at 6,782.35 points.
The equal-weighted index EGX50 lost 1.46% to 1,177.44 points.
Similarly, the small and mid-cap index EGX70 edged down 0.97% to 381.05 points, while the broader index EGX100 went down 1.43% to 776.74 points.
The market was weighed down today by the stocks of Commercial International Bank, Orascom Telecom Media, Orascom Construction, Talaat Moustafa, Global Telecom, Qalaa Holding, Pioneers Holding, EFG-Hermes, Palm Hills, Porto Group and Emaar Misr which went down within the range of 1.6% to 4.5%.
Sunday's total turnover reached EGP 508 million with 187 million shares changed hand, through 20,900 transactions.
The market capitalisation shed EGP 6.3 billion ($807.8 million) reaching EGP 422.66 billion.
Foreign and Arab investors were net sellers with EGP 8.8 million and EGP 3.8 million respectively while local investors stepped in as net buyers with EGP 12.6 million.
Institutions came as net sellers, while retail traders were net buyers.
Out of the 162 companies traded today, decliners outnumbered advancers by 102 to 27, while 33 others remained unchanged.
