Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices closed Sunday’s trading session in red territory, dragged by local and Arab sell-offs.
The benchmark EGX30 index retreated 0.32%, ending the session at 14,050 points.
The heavyweight Commercial International Bank (CIB) fell by 0.68% to EGP 78.75, after generating a turnover of EGP 55.14 million.
Meanwhile, the small- and mid-cap EGX70 index dropped by 0.68% to 539 points, while the broader EGX100 index shrank by 0.7% to 1,417 points.
Likewise, the equal-weighted EGX50 index slid by 0.71% to close at 2,044 points.
Market capitalisation lost EGP 3.4 billion to close at EGP 710.4 billion on Sunday.
Trading volume stood at 52.7 million shares exchanged at a turnover of EGP 254.4 million through nearly 10,910 transactions.
Foreign investors were net buyers with EGP 189.3 million, while Egyptian and Arab investors were net sellers with EGP 181.9 million and EGP 7.4 million, respectively.