Cairo – Mubasher: EGX indices finished Monday’s trading session on a lower note amid Arab and national investors’ selling pressure.
The benchmark eroded early gains on a selling wave hit blue-chip stocks and ended the session 0.07% lower to the mark of 7,645.21.
All blue-chip stocks saw a slide ranging from 1% to 5.11, except CIB, Egypt Kuwait Holding, GB Auto that rose by 1.69%, 2.7%, 0.8%, respectively.
On the same negative note, the small and mid-cap EGX70 fell 0.61% to 370.55 points.
Similarly, the broader index EGX100 declined 0.61% to 784.34 points and the equal-weighted index EGX50 finished 0.88% down to 1,386.66 points.
Around 202.7 million shares were traded at EGP 503.5 million. In addition, 102 stocks moved down; 25 one went up; and 38 stocks stayed at their previous levels.
Egyptians and Arab investors were net sellers by EGP 28.6 million and EGP 30.2 million correspondingly, while foreigners were net buyers by EGP 58.8 million.
Market capitalization shed EGP 263 million to stand by the end at EGP 405.64 billion against EGP 405.9 billion on Sunday.
By 10:15am Cairo time, the main gauge EGX30 rose by 0.32% to 7,675 points.
