Cairo – Mubasher: The Egyptian Exchange (EGX) indices rebounded slightly in Sunday’s midday trade, to trim the severe losses seen in early trade.
The rebound was spurred by the buying activity of Arab and foreign investors; meanwhile, local investors remained sellers.
The benchmark index EGX30 fell 3.38% reaching the level of 5,659.99 points in Sunday’s midday trade.
The stocks of Commercial International Bank, OTMT and Palm Hills sagged 1.03%, 1.92% and 3.06% respectively.
Foreign and Arab investors stepped in as net buyers with EGP 12.2 million and EGP 800,000 respectively, while local investors came out as net sellers with EGP 13.04 million.
The market witnessed 156 million shares exchanged at EGP 189 million.
