Cairo – Mubasher: The Egyptian Exchange (EGX) has seen a downward trend early Wednesday, dragged down by foreign sell-off.
By 10:20 am Cairo time, the benchmark EGX30 index shed 0.18% to 14,618.93 points.
The small- and mid-cap EGX70 index inched down 0.02% to 684.19 points, while the broader EGX100 index dipped 0.07% to 1,734.89 points.
The equal-weighted EGX50 index slipped 0.19% to 2,390 points.
Meanwhile, trading volume amounted to 6.8 million shares exchanged at a turnover of EGP 39.32 million through 1,200 transactions.
Foreign investors were net sellers with 260,000, whereas Egyptian and Arab investors were net buyers with 81,800 and 178,220, respectively.
The heavyweight Commercial International Bank (CIB) has not seen any trades yet.
