Cairo – Mubasher: The Egyptian Exchange (EGX) opened Thursday’s trading on a negative note, pressured by sales of foreign investors.
By 10:16am Cairo time, the EGX30 index declined 0.38% or 60.18 points to the level of 13,178.29 points.
The EGX70 and EGX100 indices grew 0.34% and 0.11% respectively, while the EGX50 index shrank 0.68%.
Trading volume reached 17 million shares exchanged through 1,300 transactions, making a turnover of EGP 39 million.
Juhayna dropped 3.42%, Amer Group retreated 3.33%, Citadel Capital fell 2.59% and CIB declined 0.38%.
On the flipside, AMOC and Palm Hills advanced 1.52% and 1% respectively.
Foreign investors were net sellers by EGP 10.8 million, while purchases by local and Arab investors reached EGP 7.3 million and EGP 3.4 million respectively.
