Cairo – Mubasher: The Egyptian Exchange (EGX) has closed Sunday’s trading session in red territory, pressured by local sell-off.
The benchmark EGX30 index plummeted 2.48%, finishing the first session of the week at 14,511 points.
The small- and mid-cap EGX70 index slipped 0.64% to 644 points, while the broader EGX100 index shed 0.91% to 1,642 points.
Likewise, the equal-weighted EGX50 index fell 1.81% to 2,253 points.
Meanwhile, trading volume amounted to 116.8 million shares exchanged through 11,800 transactions at a turnover of EGP 793.3 million.
Egyptian traders were mostly sellers, netting EGP 394.2 million, whereas foreign and Arab investors were net buyers with EGP 62.22 million and EGP 331.9 million, respectively.
Market capitalisation lost EGP 14.7 billion and closed the session at EGP 792.3 billion.