Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices closed Sunday lower, pressured by Egyptian investors’ selling.
The benchmark EGX30 index closed 1.36% or 182.77 points down at the level of 13,279.61 points.
The EGX70 index fell 0.66% to 715.49 points, while the EGX100 index slipped 0.72% to 1,600.67 points.
The equally-weighted EGX50 index descended 1.26% to 2,090 points.
Traded volume reached 230.3 million shares exchanged at EGP 553.05 million through 21,770 transactions.
Egyptian traders were net sellers by EGP 14.8 million, while foreign and Arab traders were net buyers by EGP 13.7 million and EGP 1.1 million, respectively.
Market capitalisation lost EGP 8.3 billion and closed at EGP 706.87 billion.
EFG Hermes Holding, Egyptian Resorts Co, and Heliopolis Company for Housing and Development, the declining blue chips, dropped 4.67%, 3.64%, and 3.27%, respectively.
On the other hand, Porto Group Holding and Telecom Egypt rose 2.38% and 0.18%, respectively.
Commercial International Bank – Egypt (CIB) shed 1.4% to EGP 82.61, with a turnover of EGP 13.6 million.
