Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) have seen a downward trend early Tuesday, dragged down by foreign and Arab sell-off.
By 10:30 am Cairo time, the benchmark EGX30 index slid 36.78 points, or 0.25%, to 15,074 points.
The small- and mid-cap EGX70 index inched down 0.01% to 673.12 points, while the broader EGX100 index dipped 0.03% to 1,717 points.
Likewise, the equal-weighted EGX50 index slipped 0.15% to 2,376 points.
Meanwhile, trading volume amounted to around 15 million shares exchanged at a turnover of EGP 27.56 million through 1,250 transactions.
Egyptian investors were net buyers with 177.9 million, whereas foreign and Arab investors were net sellers with EGP 171.07 million and EGP 6.88 million, respectively.
The heavyweight Commercial International Bank (CIB) dropped 0.93% to EGP 72.65.