EGX ends Sunday in red amid thin liquidity

Cairo – Mubasher: the Egyptian Exchange (EGX) closed Sunday’s trading session down, pressured by foreign selling, amid thin liquidity.

The benchmark EGX30 index has changed its upward trend to slip 26.83 points, or 0.15%, closing at 17,588.86 points.

The EGX70 index tumbled 0.39% to 864.31 points, and the EGX100 index slid 0.34% to 2,255 points.

The equal-weighted EGX50 index dipped 0.4% to 2,983 points.

Market capitalisation lost EGP 4.2 billion and closed at EGP 973.4 billion.

Trading volume on stocks amounted to around EGP 219.6 million shares exchanged at a turnover EGP 992.9 million through 25,280 transactions.

Foreign investors were net sellers with EGP 484 million, while Egyptian and Arab investors were net buyers with EGP 248.4 million and EGP 235.6 million, respectively.

The heavyweight Commercial International Bank rose 1.14% to EGP 87, with a turnover of EGP 64.3 million.

Mubasher Contribution Time: 15-Apr-2018 13:21 (GMT)
Mubasher Last Update Time: 15-Apr-2018 13:21 (GMT)