Cairo – Mubasher: The Egyptian Exchange (EGX) finished Wednesday’s trading session in the red, dragged down by local sell-off.
The main index EGX30 shed 0.58% to 14,643.09 points, while The small- and mid-cap EGX70 index inched down 0.02%, reaching 708.04 points.
The broader EGX100 index lost 0.11% to 1,783 points, and the equal-weighted EGX50 index went down 0.24%, reaching 2,394 points.
The EGX’s trading volume reached 194.36 million shares exchanged through 22,900 transactions at a turnover of EGP 846.7 million.
Egyptian traders were net sellers with EGP 1.8 billion, while foreign and Arab investors were net buyers with EGP 1.4 billion and EGP 466,040, respectively.
The heavyweight Commercial International Bank ’s (CIB) stock levelled down 0.49% to EGP 69, with EGP 77.35 million in liquidity.
The bourse’s market capitalisation decreased by EGP 3.4 billion, to close at EGP 817.006 billion.