Cairo – Mubasher: The Egyptian Exchange (EGX) started Monday’s trading session in red territory amid local and Arab sell-offs.
By 10:3 am Cairo time, the benchmark EGX30 index slipped 40.02 points, 0.27%, to 14,576.45 points.
The small- and mid-cap EGX70 index inched down 0.02% to 712.28 points, whereas the broader EGX100 index dipped 0.07% to 1,809.44 points.
The equal-weighted EGX50 index shed 0.36% to 2,270 points.
Trading volume amounted to around 48.8 million shares exchanged at a turnover of EGP 245.3 million through 2,470 transactions.
Foreign investors were mostly buyers, netting EGP 79.10 million, while Egyptian and Arab investors were net sellers with EGP 35.8 million and EGP 43.25 million, respectively.
The heavyweight Commercial International Bank (CIB) slid 0.08% to EGP 83.02, with a turnover of EGP 7.5 million.
