Cairo – Mubasher: The Egyptian Exchange (EGX) started Monday’s trading session in red territory, pressured by local selling.
By 10:25 am Cairo time, the benchmark EGX30 index fell 1.88% to 15,541.81 points, the lowest level since February.
The EGX70 index slid 0.98% to 777.02 points, while the EGX100 index tumbled 1.85% to 1,956 points.
Likewise, the equal-weighted EGX50 index lost 2.15% to 2,605 points.
Trading volume amounted to around 20.6 million shares exchanged at a turnover of EGP 55.5 million through 1,500 transactions.
Egyptian investors were net sellers with EGP 749.3 million, while foreign and Arab investors were net buyers with EGP 82,800 and EGP 666,500, respectively.
