Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in red territory, dragged down by local and Arab sell-offs.
The benchmark EGX30 index has extended its early losses and shed 94.29 points, or 0.71%, finishing the session at 13,121.11 points.
The small- and mid-cap EGX70 index slid 0.17% to 676.48 points, while the broader EGX100 index went down 0.32% to 1,695 points.
Similarly, the equal-weighted EGX50 index slipped 0.56% to 2,155 points.
Trading volume amounted to around 194.7 million shares exchanged at a turnover of EGP 817.6 million through 22,700 transactions.
Egyptian investors were net buyers with EGP 1.06 billion, while foreign and Arab investors were net sellers with EGP 566.8 million and EGP 497.4 million, respectively.
The heavyweight Commercial International Bank (CIB) tumbled 0.63% to EGP 74.2, with a turnover of EGP 57.3 million.
Meanwhile, market capitalisation lost EGP 3 billion and closed the session at EGP 746. 2billion.