Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in red, pressured by the plunge of the global stock markets.
The benchmark EGX30 index fell 1.63%, or 244.16 points, to 14,717.98 points.
The EGX70 index dropped 2.44% to 838.61 points, while the EGX100 index went down 1.99% to 2,010 points.
Likewise, the equal-weighted EGX50 index sagged 2.37% to 2,597 points.
Market capitalisation lost EGP 15 billion to close at EGP 841.2 billion.
Trading volume reached about 269 million shares exchanged at a turnover of EGP 1.05 billion through 32,110 transactions.
Egyptian investors were net sellers with EGP 86.9 million, while foreign and Arab investors were net buyers with EGP 23.4 million and EGP 63.5 million, respectively.
The heavyweight Commercial International (CIB) tumbled 1.45% to EGP 76 at a turnover of EGP 49.55 million.
The US’ indices have sharply fallen on Monday’s trading session, as Dow Jones hit an all-time low, shedding 1,175 points.
