Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in a red territory, dragged down by local and Arab sell-offs.
The benchmark EGX30 index has changed its upward direction and shed 134.73 points, or 0.98%, finishing the session at 13,543.64 points.
The small- and mid-cap EGX70 index slid 0.67% to 697.08 points, while the broader EGX100 index went down 0.81% to 1,742.1 points.
Similarly, the equal-weighted EGX50 index tumbled 0.91% to 2,183 points.
Trading volume amounted to around 250.9 million shares exchanged at a turnover of EGP 1.03 billion through 29,800 transactions.
Foreign investors were net buyers with EGP 211.3 million, while Egyptian and Arab investors were net sellers with EGP 160.9 million and EGP 51.6 million, respectively.
The heavyweight Commercial International Bank (CIB) slipped 0.64% to EGP 80.5, with a turnover of EGP 68.4 million.
Additionally, market capitalisation lost EGP 5.2 billion and closed at EGP 776.3 billion.
