Cairo – Mubasher: The Egyptian Exchange (EGX) has closed Thursday’s trading session in red territory, dragged down by foreign sell-off.
The benchmark EGX30 index has deepened its early losses by 179.87 points, or 1.16%, finishing the session at 15,308.62 points.
Market capitalisation lost EGP 9.8 billion and closed at EGP 849.63 billion.
The small- and mid-cap EGX70 index shed 0.59% to 742.74 points, while the broader EGX100 index fell 1.07% to 1,900.13 points.
Trading volume amounted to around 178.5 million shares exchanged through 18,200 transactions at a turnover of EGP 602.06 million.
Foreign investors were net sellers with EGP 44.5 million, while Egyptian and Arab investors were net buyers with EGP 24.9 million and EGP 19.5 million.
The heavyweight Commercial International Bank (CIB) slid 0.81% to EGP 84.5, with a turnover of EGP 63.7 million.
