Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday on a negative note, pressured by Egyptian and foreign selling.
The benchmark EGX30 index closed 1.09% or 144.51 points down to the level of 13,135.10 points.
The EGX70 index descended 1.36% at 705.77 points, while the EGX100 index fell 1.37% at 1,578.80 points.
The equally-weighted EGX50 index shed 0.85% at 2,073 points.
Traded volume amounted to 204.8 million shares exchanged at EGP 622.58 million through 22,490 transactions.
Egyptian and foreign investors were net sellers by EGP 2.8 million and EGP 14.8 million, respectively, while Arab investors were net buyers by EGP 17.6 million.
Market capitalisation lost EGP 5.3 billion and closed at EGP 701.48 billion.
Arabian Cement, Porto Group, and Egyptian Chemical Industries (Kima), the declining blue chips, dropped 3.09%, 3.03%, and 2.78%, respectively.
On the other hand, Extracted Oils, Oriental Weavers, and Telecom Egypt rose 2.54%, 2.24%, and 1.32%, respectively.
Commercial International Bank – Egypt (CIB) slipped 1.36% to EGP 81.51.
