Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session on a negative note amid foreign and Arab selloffs.
The benchmark EGX30 index fell by 2.75% to end the session at 9,874 points.
Meanwhile, the small- and mid-cap EGX70 EWI went down by 0.19% to 1,095 points, while the broader EGX100 index declined by 1.06% to 1,072 points.
Likewise, the equal weighted EGX50 index dropped by 0.78% to 1,473 points.
The market cap plunged by EGP 8.25 billion to EGP 546.07 billion on Tuesday from EGP 554.32 billion on Thursday.
It is noteworthy that trading was halted on Sunday and Monday, 19 and 20 April, on the occasion of Easter holiday.
A total of 470.89 million securities were traded at a turnover of EGP 4.01 billion, including EGP 1.8 billion for shares.
Foreign and Arab investors were net sellers with EGP 586.8 million and EGP 67.4 million, respectively, while Egyptian investors were net buyers with EGP 654.2 million.
