Cairo – Mubasher: The Egyptian Exchange (EGX) indices retreated collectively in Tuesday’s early trading amid selling pressures by both Arab and foreign investors.
The benchmark index EGX30 declined 1.38% to 7,402 points.
The equal weighted index EGX50 lost 1.2% to 1,322 points, while the small and mid-caps index EGX70 inched down 0.08% to 359 points.
Following suit, the broader index EGX100 slipped 0.47% to 762 points.
The market witnessed 33.5 million shares changed hands worth EGP 77.5 million, executed through 2,500 transactions.
Arab and foreign investors were sellers with EGP 4.6 million and EGP 3.4 million respectively, while local investors were buyers with EGP 8 million.
The stocks of Amer Group lead the declining stocks as they lost 3.33%, followed by both Emaar Misr for Development and Oriental Weavers that declined by 3.28% and 3.10% respectively.
