Cairo – Mubasher: The Egyptian Exchange (EGX) opened Thursday’s trading session in red territory, dragged down by local selling.
By 10:36 am Cairo time, the benchmark EGX30 index shed 106 points, or 0.55%, to 16,668.05 points.
The small- and mid-caps EGX70 index slipped up 0.47% to 843.44 points, while the broader EGX100 index dipped 0.8% to 2,142 points.
The equal-weighted EGX50 index slipped 0.57% to 2,846 points.
Trading volume amounted to around 38.4 million shares exchanged a turnover of EGP 430.4 million through 5,900 transactions.
Egyptian investors were net sellers with EGP 41.4 million, while foreign and Arab investors were net buyers with EGP 35.04 million and EGP 6.4 million, respectively.
The heavyweight Central Bank of Egypt (CIB) inched down 0.34% to EGP 86.5.
