Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session in red territory, pressured by local and Arab selling.
The benchmark EGX30 index shed 79.89 points, or 0.47%, finishing at 16,984 points.
Market capitalisation lost EGP 1.13 billion and closed at EGP 962.5 billion.
The small- and medium-caps EGX70 index tumbled 0.51% to 873.77 points, while the broader EGX100 index fell 1% to 2,229 points.
Trading volume stood at around 452.5 million shares exchanged at a turnover of EGP 1.39 billion through 26,500 transactions.
Foreign investors were mostly buyers, netting EGP 380 million, while Egyptian and Arab investors were net sellers with EGP 15.8 million and EGP 364.2 million, respectively.
The heavyweight Commercial International Bank (CIB) slipped 0.58% to EGP 86.84 with a turnover of EGP 26 million.
Global Telecom Holding topped rising blue chips with 8.49%, followed by Porto Group and Arab Cotton Ginning which surged 5.56% and 2.61%, respectively.
On the negative side, Arabian Cement led losers with 6.62%, followed by TMG Holding and Orascom Construction which fell 3.32% and 2.83%, respectively.
