EGX30 sheds 113 pts; market cap hits EGP 727bn Tuesday

Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices declined on Tuesday’s close on the back of the selling trend triggered by both non-local investors.

The benchmark EGX30 index retreated 113.8 points, or 0.89%, to end the mid-week session at 12,670 points, while the small- and mid-cap EGX70 index went down 0.25% to 669.81 points and the EGX100 index lost 0.34% to 1,670.16 points.

The equal-weighted EGX50 index also shed, decreasing 0.64% to close at 2,083 points.

Trading volume reached 96.13 million shares, while the market’s liquidity hit EGP 380.7 million.

Egyptians were mostly buyers, with transactions valued at EGP 19.9 million, while Arabs and foreigners were mainly sellers, with total deals valued at EGP 6.6 million and EGP 13.3 million, respectively.

The stock of the heavyweight Commercial International Bank (CIB) lost 0.86% to EGP 72.6.

Market capitalisation retreated to EGP 727.06 billion.

Mubasher Contribution Time: 25-Dec-2018 14:05 (GMT)
Mubasher Last Update Time: 25-Dec-2018 14:11 (GMT)