Cairo – Mubasher: The Egyptian Exchange (EGX) declined during Sunday’s early trades, pressured by Arab and foreign investors’ selling.
By 10:40 am Cairo time, the benchmark EGX30 index dropped 1.14% or 142 points to 12,383.7 points.
The EGX70 declined 0.28% to 546.77 points, while the EGX100 and equal-weight EGX50 lost 0.63% and 1.36% to 1,343.24 points and 2,002.06 points, respectively.
Commercial International Bank – Egypt’s (CIB) stock, the EGX’s heaviest weighted share, retreated by 1.29% to EGP 72.95.
Foreign and Arab investors were sellers, netting EGP 2.3 million and EGP 1.34 million, respectively, whereas Egyptian investors were net buyers with EGP 3.6 million.
