Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session on a negative note, pressured by Arab and foreign selloffs.
The main EGX30 index fell by 0.63% to 10,471 points, while the EGX70 EWI plunged by 5.1% to 1,822 points.
Likewise, the EGX100 EWI retreated by 3.72% to 2,739 points, whereas the EGX50 EWI declined by 3.47% to 1,923 points.
The market cap value dropped by EGP 7.56 billion to close at EGP 633.65 billion on Tuesday from EGP 641.21 on Monday.
Earlier, the EGX halted trading for half an hour after the EGX100 EWI fell by 5%.
The market’s turnover amounted to EGP 1.07 billion after 566.92 million shares were exchanged through around 41,230 transactions.
Local investors were net buyers with EGP 98.96 million, while Arab and foreign investors were net sellers with EGP 32.91 million and EGP 66 million, respectively.
