Cairo – Mubasher: The Egyptian Exchange (EGX) closed on negative note on Thursday on selling activity by retail investors.
The benchmark index EGX30 lost 0.26% or 21.6 points to close at 8,136.4 points.
The small and medium caps index EGX70 slipped 0.24% to close at 356.6 points. Similarly, the broader index EGX100 went down 0.17% to close at 80608 points.
The equal weighted index EGX50 lost 0.47% to close at 1,373.8 points.
The CIB, major constitute of EGX30, slide 1.2% to EGP 48.56, with trading value of EGP 25.3 million.
The market witnessed 88.6 million shares changed hands worth EGP 331.1 million.
Local and Arab investors ended as net sellers with EGP 16 million and EGP 19.3 million, while foreign came as net buyers with EGP 35.3 million.
The market capitalization shed EGP 1.03 billion reaching EGP 413.02 billion.
The top-performing index members were EFG Hermes Holding, up 2.7%, Orascom Construction, up 1.4%, and Palm Hills Developments, up 1.2%. The worst-performing index constituents were Egyptian Resorts, Porto Group, and Domty, after respectively shedding 3.8%, 3.7%, and 2.2%.
