Cairo – Mubasher: The Egyptian Exchange (EGX) closed on negative note on Monday amid the selling pressures by local investors.
The benchmark index slide 0.86% or 110.23 points to close at 12,781.4 points.
The small and medium caps index EGX70 lost 0.86% to close at 460.61 points, while the broader index EGX100 inched down 0.85% to close at 1,104.36 points.
The equal weighted index EGX50 edged down 15.7 points to close at 1,984.4 points.
Local investors were net sellers with EGP 72.7 million, while Arab and foreign investors were net buyers with EGP 30.2 million and EGP 42.4 million respectively.
Local investors accounted for 82.14% of today’s trading activity, while foreign and Arab investors accounted for 11.9% and 5.96% respectively.
The market capitalization shed EGP 4.08 billion reaching EGP 62.21 billion.
The market witnessed 533.9 million shares changed hands worth EGP 1.227 billion, carried out through 31,500 transactions.
CIB, the heaviest stock of the EGX30 closed 0.2% up. Today’s top performing stocks were: Heliopolis Housing, up 5.7%, Qalaa Holdings, and ACC, up 0.9%. Today’s worst performing stocks included Arab Cotton Ginning, down 4.0%, Domty, down 3.6%, and Egyptian Resorts, down 3.4%.
