Foreign sell-off weighs on EGX early Wednesday

Cairo - Mubasher: The Egyptian Exchange (EGX) opened Wednesday’s trading session in red territory, dragged down by foreign sell-off.

By 10:30 am Cairo time, the benchmark EGX30 index slipped 0.27% to 15,438 points.

The small- and mid-cap EGX70 index dipped 0.02% to 750 points, while the broader EGX100 index inched down 0.01% to 1.929 points.

The equal-weighted EGX50 index shed 0.55% to 2,610 points.

Trading volume amounted to nearly 18.6 million shares exchanged at a turnover of EGP 36.7 million through 979 transactions.

Foreign investors were net sellers with EGP 654,600, while Egyptian and Arab investors were net buyers with EGP 112,400 and EGP 542,200, respectively.

Mubasher Contribution Time: 25-Jul-2018 08:52 (GMT)
Mubasher Last Update Time: 25-Jul-2018 09:07 (GMT)