Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday's trading session with a negative performance, pressured by Egyptian sell-off.
The benchmark EGX30 index decreased by 60.57 points, or 0.42%, to finish at 14,200.68 points, while the small- and mid-cap EGX70 index fell 0.02%, reaching 687.81 points.
The broader EGX100 index levelled down 0.24%, to 1,751.37 points, whereas the equal-weighted EGX50 index inched up 0.16% to 2,216.32 points.
The EGX’s traded volume stood at 218.6 million shares exchanged through 22,500 transactions, generating a turnover of EGP 673.8 million ($37.7 million).
Egyptian traders were net sellers with EGP 30.5 million, while foreign and Arab investors were net buyers with EGP 5.7 million, and EGP 24.8 million, respectively.
The heavyweight Commercial International Bank’s (CIB) stock declined 1.47% to EGP 80.3, with a turnover of EGP 53.5 million.
The bourse’s market capitalisation lost EGP 3.7 billion, to close at EGP 784.78 billion.
Egyptian Resorts Company’s stock was the best performer after jumping 9.99%, followed by Orascom Investment Holding’s (OIH) stock with 5.9%, and Global Telecom Holding’s (GTH) stock with 5.13%.
On the flipside, the stocks of Juhayna Food Industries, Qatar National Bank Alahli (QNB Alahli), and Ezz Steel dipped 6.86%, 4.47%, and 3.41%, respectively.
