Cairo – Mubasher: The Egyptian Exchange (EGX) has seen a downward trend on Sunday, pressed by local and foreign selling.
The benchmark EGX30 index shed 80.0 points, or 0.49%, closing at 16,391.48 points.
Market capitalisation closed at EGP 954.45 billion and lost EGP 3.49 billion.
The small- and medium-sized cap EGX70 index inched down 0.05% to 894.36 points, while the broader EGX100 index fell 1.16% to 2,217 points.
On the other hand, the equal-weighted EGX50 index edged up 0.42% to 2,781.99 points.
Trading volume reached about 330.13 million shares exchanged at a turnover of EGP 1.3 billion through 29,160 transactions.
Arab investors were net buyers with EGP 13.2 million, while foreign and Egyptian investors were net sellers with EGP 2.6 million and EGP 10.6 million, respectively.
The heavyweight Commercial International Bank (CIB) tumbled 1.39% to EGP 84 at a turnover of EGP 67.7 million.
Eastern Co topped declining blue chips with 7.43%, followed by Abu Qir Fertilisers and GB Auto which dropped 3.12% and 2.39%, respectively, while Elsewedy Electric led rising stocks with 7.47%, followed by TMG Golding and Citadel Capital which grew 6.85% and 5.96%, respectively.
