Cairo – Mubasher: The Egyptian Exchange (EGX) indices closed on mixed on Monday, the first trading session in 2017, while the market capitalization shed nearly EGP 3.2 billion on the selling activity of local and Arab investors.
The benchmark index EGX30 slide 0.44% or 54.28 points to close at 12,290.06 points.
The small and medium caps index EGX70 added 0.30% to close at 464.81 points, while the equal weighted index EGX50 went up 0.31% to close at 1,099.36 points.
The broader index EGX100 added 0.54% to close at 1,935.1 points.
The market capitalization shed EGP 3.24 billion to close at EGP 598.35 billion compared with EGP 601.59 billion at the previous session.
The stocks of Commercial International Bank (CIB), the largest constitute of EGX30, slide 2.16% to EGP 71.5 with 488.3 million shares changed hands worth EGP 35.14 million.
The market witnessed 352.4 million shares changed hands worth EGP 946.65 million, carried out through 25,800 transactions.
Out of 164 stocks traded today, advancers outnumbered decliners by 66 to 64, while 34 stocks remained unchanged.
Local and Arab investors ended as net sellers with EGP 25.25 million and EGP 5.5 million respectively, while foreign investors were net buyers with EGP 30.82 million.