Cairo – Mubasher: The Egyptian Exchange (EGX) opened on a mixed note amid local buying against Arab and foreign selling.
By 10:22 am Cairo time, the benchmark EGX30 index slid 0.23% or 35.37 points to 15,161.71 points.
The Commercial International Bank (CIB) tumbled 0.31% to EGP 77.52 at a turnover of EGP 155,000.
The EGX70 index added 0.09% to 843.16 points, while the EGX100 index edged up 0.02% to 2,014 points.
The equal-weighted EGX50 index inched up 0.01% to 2,710 points.
Trading volume stood at about 13.5 million shares exchanged at a turnover of EGP 51.5 million through 1,600 transactions.
Egyptian investors were net buyers with EGP 4.3 million, while foreign and Arab investors were net sellers with EGP 1.6 million and EGP 2.6 million respectively.
The EGX is likely to maintain the sideways trend by the end of Wednesday, the last trading session this week, as Thursday is an official holiday in celebration of National Police Day and the 25 January Revolution, analysts told Mubasher.
