EGX opens Tuesday in red zone

Cairo – Mubasher: The Egyptian Exchange (EGX) saw a negative performance early Tuesday, pressured by Arab selling.

By 10:40 am Cairo time, the benchmark EGX30 index fell 0.73% or 101.35 points to the level of 13,867.11 points.

The EGX70 index tumbled 0.75% to 794.47 points, while the EGX100 index dropped 0.62% to 1,777.92 points.

The equal-weighted EGX50 index inched down 0.26% to 2,397 points.

Trading volume reached 41.8 million shares exchanged through 6,800 transactions at a turnover of EGP 195.11 million.

Arab investors were net sellers with EGP 4.2 million, while foreign and Egyptian investors were net buyers with EGP 661,160 and EGP 3.7 million, respectively.

The heavyweight Commercial International Bank – Egypt (CIB) shed 1.55% to EGP 77.5, with a turnover of EGP 10.8 million.

Mubasher Contribution Time: 10-Oct-2017 09:16 (GMT)
Mubasher Last Update Time: 10-Oct-2017 09:16 (GMT)