EGX ends Tuesday in red; market cap sheds EGP 2.8bn

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in red territory, dragged down by foreign and Arab sell-off.

The benchmark EGX30 index has changed its early upward direction and shed 66.83 points, or 0.23%, finishing the session at 14,637.4 points.

The small- and mid-cap EGX70 index slid 0.4% to 681.55 points, while the broader EGX100 index slipped 0.38% to 1,728 points.

The equal-weighted EGX50 index inched down 0.01% to 2,385 points.

Trading volume amounted to nearly 223.17 million shares exchanged at a turnover of EGP 832.7 million through 19,900 transactions.

Egyptian investors were net buyers with EGP 109.5 million, while foreign and Arab investors were net buyers with EGP 102.27 million and EGP 7.2 million, respectively.

The heavyweight Commercial International Bank (CIB) fell 0.81% to EGP 67.6, with a turnover of EGP 9.85 million.

Market capitalisation lost EGP 2.8 billion and closed at EGP 810.4 billion.

Mubasher Contribution Time: 26-Mar-2019 14:29 (GMT)
Mubasher Last Update Time: 26-Mar-2019 14:30 (GMT)