Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Sunday’s trading session down, pressured by Arab and foreign sell-offs.
The benchmark EGX30 index plunged 2%, closing the session at 12,140 points, while the small- and mid-cap EGX70 index finished the session down 0.93% at 654.85 points.
Meanwhile, the broader EGX100 index fell 1.1% to 1,629 points, whereas the equal-weighted EGX50 index plummeted 2.1% to 2,008 points.
Market capitalisation lost around EGP 9.12 billion and closed at EGP 703.72 billion.
By the end of the first session of the week, the bourse’s traded volume reached 105.73 million exchanged through 17,640 transactions at a turnover of EGP 924.29 million.
Egyptian investors were mostly buyers with EGP 690.05 million, while Arab and foreign investors were net sellers with EGP 47.96 million and EGP 313.10 million, respectively.
