Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday's trading session in negative territory after its indices saw a massive drop.
The benchmark EGX30 index retreated 270.98 points, or 1.63%, to finish at 16,404.33 points.
The small- and medium-cap EGX70 index fell 1.54% to 831.74 points, while the broader EGX100 index decreased 1.61% to 2,120.09 points.
The equal-weighted EGX50 index went down 1.68% to 2,796.89 points.
Market capitalisation lost EGP 11.6 billion to finish the second session in June 2018 at EGP 927.67 billion.
The bourse’s trading volume stood at 157.9 million shares exchanged through 20,000 transactions, with a turnover of EGP 926.3 million.
Foreign traders were net sellers with EGP 92.4 million, while Egyptian and Arab investors were net buyers with EGP 74.1 million and EGP 18.3 million, respectively.
The heavyweight Commercial International Bank-Egypt’s (CIB) stock dropped 1.09% to EGP 85.81, with a liquidity of EGP 192.8 million.
Talaat Moustafa Group Holding’s (TMG Holding) stock was the worst performer with 9.76%, followed by Global Telecom Holding’s stock with 6.02%, and Egypt Aluminum’s stock with 5.2%.
On the other hand, the stock of Abu Qir Fertilizers increased 2.35%, while Ghabbour Auto’s (GB Auto) stock inched up 0.35%.
