Cairo – Mubasher: Although the Egyptian exchange’s (EGX) liquidity has started to recover, Thursday’s trading session closed down, pressed by local selling.
The benchmark EGX30 index has replaced its upward trend to slide 0.35%, or 51.35 points, to 14,782.38 points.
The EGX70 index dipped 0.24% to 832.36 points, while the EGX100 shed 0.22% to 1,970.28 points.
Market capitalisation closed at EGP 828.5 billion, losing EGP 423 million.
The equal-weighted EGX50 index slipped 0.55% to 2,568 points.
Trading volume amounted to about 187.3 million shares exchanged at EGP 995.4 million through 25,450 transactions.
Egyptian investors were net sellers with EGP 124.4 million, while foreign and Arab investors were net buyers with EGP 80.8 million and EGP 43.3 million respectively.
The heavyweight Commercial International Bank (CIB) grew 1.33% to EGP 76.35 at a turnover of EGP 100.8 million.
Blue chips including Porto Group, Domty, Eastern Co rose 2.36%, 2.54%, and 1.57% respectively.
On the other hand, EFG Hermes, Sidi Kerir Petrochemical (Sidpec), and Alexandria Mineral Oils (AMOC) fell 5.47%, 4.33%, and 3.43% respectively.
