Cairo - Mubasher: The Egyptian Exchange (EGX) indices retreated collectively in Tuesday's early trade drove by local and Arab investors sells-off.
The benchmark index EGX30 declined 1.07% to 6,705.17 points.
The small and mid-cap index EGX70 went down 0.57% to 366.72 points; while the broader index EGX100 inched down 0.63% to 771.69 points.
Similarly, the equal-weighted index EGX50 sagged 1.06% to 1,143.57 points.
The early trading value reached EGP 42.3 million, with 40,700 shares changed hands through 2,000 transactions.
Local and Arab investors came as net sellers with EGP 681,600 and EGP 409,700 respectively, while foreign investors came as net buyers with EGP 1.2 million.
EGX indices are expected to witness sideways movement on Tuesday, technical analysts told Mubasher in early statement.