Cairo – Mubasher: The Egyptian Exchange (EGX) indices closed collectively in red zone on Tuesday on selling pressures by local investors.
The benchmark index EGX30 slipped 0.91% or 102.5 points to close at 11,159.3 points.
The small and medium caps index EGX30 edged down 0.03% to end at 446.85 points, while the broader index EGX100 went down 0.06% to 1,058.4 points.
On other hand, the equal weighted index EGX50 was the sole gainer as it added 0.43% or 7.7 points to close at 1,797.9 points.
The market capitalization shed EGP 3.4 billion reaching EGP 554.1 billion.
The market witnessed 372.2 million shares changed hands worth EGP 1.3 billion.
Out of 176 stocks traded today, decliners outnumbered advancers by 78 to 70, while 28 stocks remained unchanged.
Local investors were net sellers with EGP 68.7 million, while Arab and foreign investors were net buyers with EGP 32.5 million and EGP 36.3 million respectively.
Today’s top performing stocks were: Arabia Investments, up 7.1%, Arab Cotton Ginning, up 6.8%, and Pioneers Holding, up 4.8%.
On the downside, today’s worst performing stocks included Ezz Steel, down 2.6%, Eastern Co, down 2.0%, and Qalaa Holdings, down 1.0%.
