Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday's trading session down, pressured by selling by Egyptian investors.
The benchmark EGX30 index retreated 123.25 points, or 0.73%, to 16,657.66 points, registering its lowest level in ten weeks.
The EGX70 index fell 0.08% to 859.76 points, while the EGX100 index levelled down 0.34% to 2,188 points.
The equal-weighted EGX50 index inched down 0.45% to 2,901 points.
Market capitalisation lost EGP 4.47 billion to close at EGP 948.4 billion.
The bourse’s trading volume stood at 164.78 million exchanged at a turnover of EGP 1.09 billion through 20,800 transactions.
Egyptian traders were net sellers with EGP 41.4 million, while foreign and Arab investors were net buyers with EGP 30.7 million and EGP 10.6 million, respectively.
The heavyweight Commercial International Bank-Egypt’s (CIB) stock inched up 0.4% to EGP 85.03 with EGP 41.7 million in a trading value.
Ghabbour Auto’s (GB Auto) stock was the worst performer with 3.45%, followed by Porto Group Holding’s stock with 3.33%, and EFG Hermes’ stock with 2.73%.
On the other hand, Pioneers Holding Company for Financial Investment, Telecom Egypt (TE), and Abu Qir Fertilizers stock rose 4.2%, 1.32%, and 1.13%, respectively.
