Cairo – Mubasher: The Egyptian Exchange (EGX) has seen a negative performance early Tuesday, pressured by foreign and Arab selling.
By 10:08 am Cairo time, the benchmark EGX30 index tumbled 0.38% or 54.74 points to 14,517.43 points.
The EGX70 index dipped 0.3% to 784.78 points and the EGX100 index went down 0.28% to 1,836.77 points.
The equal-weighted EGX50 index inched down 0.06% to 2,519 points.
Meanwhile, trading volume reached 6.14 million shares exchanged at a turnover of EGP 21.6 million through 885 transactions.
Egyptian traders were net buyers with EGP 4.5 million, while foreign and Arab traders were net sellers with EGP 3.8 million and EGP 716,130, respectively.
The heavyweight Commercial International Bank (CIB) edged up 0.5% to EGP 75.
Blue chips including Oriental Weaver Carpets, Sidi Kerir Petrochemicals (SIdpec), and TMG Holding fell 2.92%, 2.03%, and 1.49%, respectively.
On the other hand, Egyptian resorts, Kima, and Arabian Cement rose 1.32%, 0.7%, and 0.57%, respectively.
