Cairo – Mubasher: The Egyptian Exchange (EGX) ended in red zone on Monday, snapping a five-day gaining streak.
The benchmark index EGX30 lost 1.4% or 85.8 points, to close at 5,906.9 points.
The small and mid-caps index EGX70 slipped 1.1% to 352.4 points, while the broader index EGX 100 declined 1.1% to 707.6 points.
The equal weighed index EGX50 fell 1.1% to 1,084 points.
The market capitalisation shed EGP 2.7 billion ($335.5 million) reaching EGP 388.4 billion, down from EGP 391.1 billion in the previous session.
The market’s total turnover amounted to EGP 295.6 million.
Out of 153 stocks traded today, decliners outnumbered advancers by 81 to 45, while 27 others remained unchanged.
Local and foreign investors ended as net sellers with EGP 5.4 million and EGP 42.3 million respectively, while Arab investors came as net buyers with EGP 47.7 million.
Cairo Oils and Soap, Arab Engineering Industries, Asek Mining and Pachin led the most declining stocks within the range of 6.3% to 10%.
On the positive side, Alexandria Container, Atlas for Land Reclamation, Sharm Dreams, Arabian Cement and Naeem Holding went up within the range of 5.8% to 10%.
