Cairo – Mubasher: The Egyptian Exchange (EGX) moved lower in Monday’s midday trade on selling pressures by both local and foreign investors.
The benchmark index EGX slipped 1.41% to 5,908 points.
Local and foreign investors continues their selling activity with EGP 6.13 million and EGP 604,000 respectively, while Arab investor stepped in as net buyers with EGP 6.7 million.
The heavy weigh Commercial International Bank fell 1.13%, while Orascom Telecom Media and Talaat Moustafa edged down 3.51% and 2.9% respectively.
The equal weighted index EGX 50 lost 1.58%, while the small and mid-caps index EGX70 slide 0.36%.
Similarly, the broader index EGX100 lost 0.56%.
Monday’s session midday trade witnessed 59.29 million shares changed hands worth EGP 129 million, carried out through 8,000 transactions.
