Cairo – Mubasher: The Egyptian Exchange (EGX) opened Sunday’s session on a mixed note amid Arab investors’ selling.
By 10:31 am Cairo time, the benchmark EGX30 slipped 0.06% or 8.23 points to the level of 13,687.10 points, pressured by blue chips.
The heavyweight Commercial International Bank – Egypt (CIB) shed 0.71% to EGP 81.65.
The EGX70 index rose 0.95% to 77.01 points, while the EGX100 index edged up 0.68% to 1,703.31 points.
Likewise, the equal-weighted EGX50 index added 0.24% to 2,227 points.
Trading volume reached 14.2 million shares exchanged through 2,700 transactions at a turnover of EGP 68 million.
Arab investors were net sellers with EGP 4.9 million, while Egyptian and foreign investors were net buyers with EGP 4.4 million and EGP 545,100, respectively.
Blue chips including Amer Group, Telecom Egypt, and SODIC fell 2.86%, 1.8%, and 1.74%, respectively.
On the other hand, Abu Dhabi Islamic Bank - Egypt (ADIB), Alexandria Mineral Oils Co (AMOC), and Emaar Misr gained 4.4%, 1.64%, and 1.61%, respectively.
