Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session down, pressured by Arab selling.
The benchmark EGX30 index declined 0.71% or 93.15 points to the level of 13,026.29 points.
The EGX70 index descended 2.09% to 682.49 points, while the EGX100 slipped 1.64% to 1,547.57 points.
The equally-weighted EGX50 index dwindled 1.36% to 2,024.10 points.
Market capitalisation lost EGP 6.5 billion and closed at EGP 691.05 billion.
Traded volume amounted to 130.3 million shares exchanged at a turnover of EGP 388.7 million through 17,290 transactions.
Arab investors were net sellers by EGP 8.36 million, while Egyptian and foreign investors were net buyers by EGP 2.5 million and EGP 5.8 million, respectively.
Blue chips Amer Group Holding, Arabian Cement, and Pioneers Holding dropped 6.45%, 6.36%, and 4.75%, respectively.
On the other hand, Sixth of October for Development and Investment Company (SODIC), Global Telecom Holding, and Extracted Oils inched up 0.5%, 0.47%, and 0.28%, respectively.
Commercial International Bank – Egypt (CIB) shed 1.15% to EGP 80.17.