EGX ends Tuesday in red amid thin liquidity

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in the red territory amid thin liquidity.

The main EGX30 index fell by 0.7%, ending the mid-week session at 13,805 points after the heavyweight Commercial International Bank (CIB) declined by 0.67% to EGP 82.3 with a turnover value of EGP 62.15 million.

In the meantime, the small- and mid-cap EGX70 index dropped by 0.36% to 526 points, while the broader EGX100 index decreased by 0.48% to 1,384 points.

Similarly, the equal-weighted EGX50 index retreated 0.89% to close at 1,945 points.

The market’s turnover totalled EGP 383.56 million, distributed over 69.31 million shares, exchanged through nearly 12,800 transactions.

Arab investors were net sellers with EGP 8.6 million, while Egyptian and foreign investors were net buyers with EGP 6.27 million and EGP 2.35 million, respectively.

Market cap lost about EGP 4.6 billion to close at EGP 697.04 billion.

Mubasher Contribution Time: 24-Dec-2019 14:14 (GMT)
Mubasher Last Update Time: 24-Dec-2019 14:14 (GMT)