Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Monday’s trading session down, pressured by foreign and Arab sell-off.
The benchmark EGX30 index has changed its early upward direction and fell 1.59%, finishing the session at 12,940 points.
The small- and mid-cap EGX70 index slipped 0.43% to 672.35 points, while the broader EGX100 index shed 0.7759 to 1,681.66 points.
Likewise, the equal-weighted EGX50 index slashed 1.61% to 2,133 points.
Trading volume amounted to 185.9 million shares exchanged through 23,700 transactions at a turnover of EGP 185.9 million.
Egyptian investors were net buyers with EGP 444.3 million, while foreign and Arab investors were net sellers with EGP 274.6 million and EGP 169.7 million, respectively.
The heavyweight Commercial International Bank (CIB) plummeted 4.4% to EGP 70.22, with a turnover of EGP 270.16 million.
Market capitalisation lost EGP 9.15 billion and closed the session at EGP 735.38 billion.
