Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Sunday’s trading session in red territory, dragged down by foreign selling.
The benchmark EGX30 index has changed its upward trend to fall by 1.77%, finishing the session at 15,839.84 points.
The small- and mid-cap EGX70 index fell 1.94% to 784.71 points, while the broader EGX100 index slide 2% to 1,993.90 points.
The equal-weighted EGX30 index dropped 2.10% to 2,662.35 points.
Market capitalisation lost EGP 13.9 billion and closed at EGP 884.5 billion.
The heavyweight Commercial International Bank (CIB) shed 0.96% to EGP 84.24, with a turnover of EGP 25.7 million.
Trading volume amounted to 269 million shares exchanged at a turnover of EGP 908.9 million through 28,500 transactions.
Foreign investors were net sellers with EGP 246.6 million, while Egyptian and Arab investors were net buyers with EGP 215.2 million and EGP 31.4 million, respectively.
