Cairo - Mubasher: The Egyptian Exchange’s (EGX) indices dropped collectively early Thursday, pressured by foreign selling.
By 10:10 am Cairo time, the benchmark EGX30 index inched down 0.05% or 7.25 points to the level 14,017.86 points.
The EGX70 index slipped 0.02% to 768.15 points, while the EGX100 index fell 0.02% to 1,745.21 points.
The equal-weighted EGX50 index tumbled 0.15% to 2,464 points.
Trading volume reached about 8.7 million shares exchanged through 404 transactions at a turnover of EGP 532.7 million.
Foreign investors were net sellers with EGP 17.2 million, while Egyptian and Arab investors were net buyers with EGP 10.7 million and EGP 6.5 million, respectively.
The heavyweight Commercial International Bank (CIB) shed 0.66% to EGP 74.
