Cairo – Mubasher: The Egyptian Exchange (EGX) indices declined collectively on Tuesday on selling pressures by both local and foreign investors.
The benchmark index EGX30 slide 1.57% or 131.23 points to close at 8,232.77 points, its lowest level since mid – September, on the decline of most the market’s leading stocks.
The leading stocks of each of GB – Auto, Qalaa Holding, Amer Group, Ezz Steel, Sodic, Pioneers, Global Holding, EFG – Hermes, CIB, Talaat Mosatafa, Palm Hills and ELSwedy Electric by 1% to 6%.
The stocks of each of Orascom Construction and Edita gained 0.21% to 2.7%.
The small and medium caps index EGX70 slide 1.2% to 342.98 points, while the broader index EGX100 lost 0.92% to 791.08 points.
The equal weighted index EGX50 slipped 1.95% to 1,302.42 points.
The market witnessed 168.6 million shares changed hands worth EGP 751 million.
The market capitalization shed EGP 5.77 billion reaching the level of EGP 410.22 billion.
Local and foreign investors ended as net sellers with EGP 45.5 million and EGP 2.9 million respectively, while Arab investors ended as net buyers with EGP 48.4 million.
