Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday's trading session in the red after its indices saw a massive drop.
The benchmark EGX30 index slumped 382 points, or 2.33%, to close the mid-week session at 16,022.11 points.
The small- and medium-cap EGX70 index fell 1.57% to 818.69 points, while the broader EGX100 index decreased 1.65% to 2,085.01 points.
The EGX50 index levelled down 2.2%, to 2,735.33 points.
Market capitalisation lost EGP 15.5 billion, to close at EGP 912.12 billion.
The EGX’s trading volume stood at 160 million shares exchanged at a turnover of EGP 818.2 million through 20,500 transactions.
Foreign traders were net buyers with EGP 56.6 million, while Egyptian and Arab investors were net sellers with EGP 56.5 million, and EGP 101,400, respectively.
Egyptian traders acquired 66.4% of trading activities, while foreign and Arab dominated 25.2% and 8.4%, respectively.
Institutional investors acquired about 58.9% with EGP 41 million in net buying, while retail investors dominated 41.1% of activities with EGP 41 million net selling.
