Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in the red territory, dragged down by foreign and Arab sell-offs.
The benchmark EGX30 index has trimmed its early losses and slipped 0.15%, finishing the session at 15,088 points.
The small- and mid-cap EGX70 index tumbled 0.8% to 667.83 points, while the broader EGX100 index went down 0.72% to 1,705 points.
Similarly, the equal-weighted EGX50 index shed 0.72% to 2,362 points.
Trading volume amounted to around 173.66 million shares exchanged at a turnover of EGP 622.7 million through 17,700 transactions.
Egyptian investors were net buyers with EGP 163.12 million, while foreign and Arab investors were net sellers with EGP 140.16 million and EGP 22.9 million, respectively.
The heavyweight Commercial International Bank (CIB) added 0.5% to EGP 73.7, with a turnover of EGP 56.6 million.
Additionally, market capitalisation lost EGP 1.27 billion and closed at EGP 820 billion.