Cairo – Mubasher: Sell-offs by foreign and Arab investors have dragged the indices of the Egyptian Exchange (EGX) down on Sunday.
The benchmark EGX30 index plummeted 521.82 points, or 3.82%, to close the first session of the week at 13,153.55 points.
The small- and mid-cap EGX70 index shed 0.92% to 681.10 points, whereas the broader EGX100 index fell 1.28% to 1,701.8 points.
Additionally, the equal-weighted EGX50 index went tumbled 2.72% to 2,170 points.
Trading volume amounted to around 206.6 million shares exchanged at a turnover of EGP 795.8 million through 26,700 transactions.
Egyptian investors were net buyers with EGP 31.19 million, while foreign and Arab investors were net sellers with EGP 12.7 million and EGP 18.4 million, respectively.
Market capitalisation lost EGP 18.3 billion and closed the session at EGP 745.3 billion.
The heavyweight Commercial International Bank (CIB) retreated 7.91% to EGP 73.18, with a turnover of EGP 167.4 million.
