Cairo – Mubasher: The Egyptian Exchange (EGX) closed Thursday’s trading session, the last session of the week, down amid weak liquidity.
The benchmark EGX30 index has changed its upward direction to end the session down 0.09% or 13.55 points at 14,668.59 points.
Trading volume stood at about 145 million shares exchanged at a turnover of EGP 698.3 million through 24,340 transactions.
Market capitalisation closed at EGP 815.46 billion, losing EGP 6.3 billion.
The heavyweight Commercial International Bank (CIB) edged up 0.76% to EGP 74.2 at a turnover of EGP 62.4 million.
The small- and medium caps EGX70 index slipped 0.64% to 825.44 points and the broader EGX100 index dipped 0.18% to 1,943.65 points.
Likewise, the equal-weighted EGX50 index shed 0.77% to 2,546 points.
SODIC’s stock led declining blue chips with a 4.5% drop, followed by Egyptian Iron and Steel and Amer Group which fell 4.16% and 2.94%, respectively.
On the other hand, Eastern Co’s stock topped rising blue chips with 7.16%, followed by Global Telecom and Orascom Telecom which added 1.41% and 1.41%, respectively.
Egyptian investors were mostly sellers, netting EGP 91.7 million, while foreign and Arab investors were net buyers with EGP 36.2 million and EGP 55.57 million, respectively.
