Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’ trading session on a mixed note amid local and Arab buying and foreign selling.
The benchmark EGX30 index tumbled 0.76% or 111.21 points to 14,460.96 points.
Market capitalisation closed at EGP 798.25 billion, losing EGP 4.5 billion.
The heavyweight Commercial International Bank (CIB) fell 1.3% to EGP 74.4 at a turnover of EGP 156.21 million.
The EGX70 index slipped 0.79% to 780.98 points, while the EGX100 index dipped 0.64% to 1,830.09 points.
The equal-weighted EGX50 index inched up 0.07% to 2,522 points.
Trading volume reached 23.014 million shares exchanged at a turnover of EGP 1.22 billion through 28,550 transactions.
Foreign traders were net sellers with EGP 198.9 million, while Egyptian and Arab traders were net buyers with EGP 138.3 million and EGP 60.5 million, respectively.
Egyptian Iron and Steel led rising blue chips with 4.15%, followed by Arabian Food Industries (Domty) and Egyptian resorts which levelled up 2.06% and 1.32%, respectively.
On the other hand, EFG Hermes topped declining leading stocks with 3.17%, followed by Porto Group and Oriental Weaver which dropped 2.78% and 2.48%, respectively.
