Cairo – Mubasher: The Egyptian Exchange (EGX) opened Thursday’s trading session in red territory, pressured by local selling, carrying on correction.
By 10:21 am Cairo time, the benchmark EGX30 index shed 194.18 points, or 1.11%, to 17,266.36 points.
The EGX70 index slid 0.4% to 858.2 points, while the EGX100 index added 0.67% to 2,210 points.
The equal-weighted EGX50 index tumbled 0.96% to 2,931 points.
Trading volume reached around 61.4 million shares exchanged at a turnover of EGP 100.8 million through 2,200 transactions.
Egyptian investors were net sellers with EGP 6.8 million, while foreign and Arab investors were net buyers with EGP 2.6 million and EGP 4.2 million, respectively.
The heavyweight Commercial International Bank (CIB) fell 1.32% to EGP 89.11 with a turnover of EGP 5.3 million.
