EGX ends Tuesday down on local, Arab sales

Cairo – Mubasher: The Egyptian Exchange (EGX) ended Tuesday’s trading session in red territory.

The benchmark EGX30 index fell by 0.43%, finishing the mid-week session at 13,364.63 points.

In the meantime, the small- and mid-cap EGX70 index went down 0.26% to close at 523.19 points, while the broader EGX100 index retreated 0.29% to 1,352.72 points.

In addition, the equal-weighted EGX50 index dropped by 1.07% to end the session at 1,963.91 points.

Trading volume amounted to 169.4 million securities exchanged at a turnover of EGP 2.6 billion through about 20,600 transactions.

Foreign investors were net buyers with EGP 39.97 million, while Egyptian and Arab investors were net sellers with EGP 19.7 million and EGP 20.2 million, respectively.

Market capitalisation plunged by EGP 3.06 billion to EGP 832.9 billion on Tuesday.

The heavyweight Commercial International Bank (CIB) rose by 0.18% to EGP 71.22.

Egyptian Company for International Touristic Projects headed rising blue chips after adding 4.51%, whereas Qalaa Holdings led falling blue chips and slid by 9.86%.

Mubasher Contribution Time: 30-Jul-2019 13:58 (GMT)
Mubasher Last Update Time: 30-Jul-2019 13:58 (GMT)