EGX ends Sunday in red amid local, Arab selling

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session in red territory, pressured by local and Arab selling amid thin liquidity.

The benchmark EGX30 index has extended its losses to close down 0.62% to 14,828, losing 92.93 points.

Market capitalisation closed at EGP 848 billion and shed EGP 4.4 billion.

The EGX70 index dipped 0.6% to 843.38 points, while the EGX100 index slipped 0.59% to 2,013 points.

The equal-weighted EGX50 index tumbled 0.96% to 0.96% to 2,622 points.

Trading volume reached about 185.2 million shares exchanged at a turnover of EGP 620.6 million through 21,800 transactions.

Foreign investors were net buyers with EGP 304.5 million, while Arab and Egyptian investors were net sellers with EGP 18 million and EGP 286,500, respectively.

The heavyweight Commercial International Bank (CIB) edged up 0.7% to EGP 76.74 at a turnover of EGP 17.2 million. 

Mubasher Contribution Time: 11-Feb-2018 13:27 (GMT)
Mubasher Last Update Time: 11-Feb-2018 13:53 (GMT)