Cairo – Mubasher: Arab and foreign sell-offs weighed on the Egyptian Exchange (EGX) at Sunday’s closing.
The benchmark EGX30 index retreated 169.42 points, or 1.27%, ending the first session of this week at 13,150.08 points.
The small- and mid-cap EGX70 index tumbled 0.93% to 675.2 points, while the EGX100 index shed 0.88% to 1,691.7 points.
The equal-weighted EGX50 index slipped 0.78% to 2,168 points.
Trading volume amounted to around 127.02 million shares exchanged at a turnover of EGP 509.4 million through 17,500 transactions.
Egyptian investors were net buyers with EGP 455.6 million, whereas foreign and Arab investors were net sellers with EGP 430.3 million and EGP 25.35 million, respectively.
The heavyweight Commercial International Bank (CIB) plunged 2.14% to EGP 73.01, with a turnover of EGP 18.7 million.
Market capitalisation lost EGP 6.1 billion and finished the session at EGP 744.5 billion.
