Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Wednesday’s trading session down, pressured by sell-offs by Arab and foreign investors.
The benchmark EGX30 index fell 175.19 points, or 1.16%, ending the session at 13,731.12 points.
The small- and mid-cap EGx70 index dipped 0.1% to 688.35 points, whereas the broader EGX100 index slipped 0.33% to 1,727 points.
Likewise, the equal-weighted EGX50 index tumbled 0.26% to 2,229 points.
Trading volume amounted to nearly 235.09 million shares exchanged at a turnover of EGP 982.8 million through 28,420 transactions.
Egyptian investors were mostly buyers, netting EGP 167.9 million, while foreign and Arab investors were net sellers with EGP 107.1 million and EGP 60.8 million, respectively.
The heavyweight Commercial International Bank (CIB) plummeted EGP 80.3, with a turnover of EGP 117.2 million.
Market capitalisation lost EGP 5.3 billion and closed the session at EGP 794.22 billion.