Cairo-Mubasher: The indexes of Egyptian Stock Exchange (EGX) saw a negative performance in Monday’s early trades, amid local selling pressures on stocks.
The benchmark EGX30 slid 0.62% to reach 7,292 points by 10:25am Egypt time.
The EGX70 and EGX100 indexes shed 0.67% and 0.58% to 355 and 756 points respectively. Likewise, the EGX70 index levelled down 0.75% to 1,316 points.
Blue chips like Commercial International Bank, Ezz Steel, Global Telecom Holding, Pioneers Holding and Talaat Moustafa Group saw a negative performance by 10:25am Egypt time, declining between 0.35% and 3%.
Egyptian and foreign traders were net sellers by EGP 3.4 million and EGP 325,000 respectively, while Arab investors were net buyers by a total of EGP 3.7 million.
The market saw trading of 8.7 million shares, with a turnover of EGP 39 million.