Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday’s trading session in red territory, dragged down by local buying.
The benchmark EGX30 index has changed its upward direction to fell 199.9 points, or 1.16%, at 16,984 points, its lowest level since 25 March.
The small- and medium-caps EGX70 index tumbled 0.89% to 847.95%, and the broader EGX100 index slid 0.59% to EGP 2,186 points.
Market capitalisation lost EGP 9.1 billion and closed the session at EGP 951.7 billion.
The equal-weighted EGX50 index shed 1.41% to 2,899 points.
Trading volume amounted to around 265.29 million shares exchanged through 29,220 transactions with a turnover of EGP 1.45 billion.
Egyptian investors were mostly sellers, netting EGP 170.8 million, while foreign and Arab investors were net buyers with EGP 160.03 million and EGP 10.8 million, respectively.
The heavyweight Commercial International Bank (CIB) slipped 0.73% to EGP 87.6, with a turnover of EGP 17.9 million.
