Cairo – Mubasher: The Egyptian Exchange (EGX) saw a bearish trend on Monday, pressured by local selling.
The benchmark EGX30 index lost 0.63% or 96.68 points, closing at 15,243.23 points.
The heavyweight Commercial International Bank (CIB) fell 2.18% to EGP 77.35 at a turnover of EGP 90.3 million.
The small- and medium-caps EGX70 index tumbled 1.17% to 838.15 points, while the broader EGX100 index slipped 0.54% to 2,012 points.
The equal-weighted EGX50 index went down 0.66% to 2,708 points.
Market capitalisation closed at EGP 862.5 billion, losing EGP 3.4 billion.
Trading volume amounted to about 397.7 million shares exchanged at a turnover of EGP 1.29 billion through 27,880 transactions.
Egyptian investors were mostly sellers, netting EGP 137.38 million, while foreign and Arab investors were net buyers with EGP 98.9 million and EGP 38.4 million respectively.
