Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday’s trading session in red territory for the second day in a row, pressured by Araba and foreign selling.
The benchmark EGX30 index slid 104.43 points, or 0.79%, finishing the session at 13,049.12 points.
The small and mid-cap EGX70 index dipped 0.15% to 680.08 points, while the broader EGX100 index slipped 0.26% to 1,697.44 points.
The equal-weighted EGX50 index tumbled 0.4% to 2,161 points.
Trading volume amounted to around 150.7 million shares exchanged at a turnover of EGP 797.7 million through 22,400 transactions.
Egyptian investors were net buyers with EGP 89.6 million, while foreign and Arab investors were net sellers with EGP 72.3 million and EGP 17.33 million, respectively.
The heavyweight Commercial International Bank (CIB) fell 1.78% to EGP 73, with a turnover of EGP 173.7 million.
Market capitalisation lost EGP 3.7 billion and closed at EGP 741.52 billion.
