Cairo - Mubasher: The Egyptian Exchange (EGX) ended Tuesday’s trading session in the red zone, as market capitalisation lost EGP 1.7 billion.
The benchmark index EGX30 lost 0.32% or 25.91 points, closing at the level of 7,948.93 points. The EGX70 also declined 0.12% to 347.28 points.
The broader index EGX100 decreased 0.31% to 781.95 points, while the equal-weighted index EGX50 added 0.53%, closing at 1,319.98 points.
Pressure from selling powers dragged the main index down despite an early rise, financial analyst Ahmed AlBagoury told Mubasher.
Market cap decreased EGP 1.67 billion closing at EGP 405.45 billion, compared to EGP 407.12 billion in the last session.
A total of 86 stocks declined, while 32 rose and 40 remained unchanged.
Egyptian and Arab investors leaned towards selling netting EGP 25.1 million and EGP 147.2 million respectively, while foreign investors were net buyers with EGP 172.3 million.
Trans Oceans Tours led the session’s gainers and surged 16.67%, while AMOC was the biggest loser and dropped 6.64%.
