Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session in red territory, dragged down by Egyptian sell-offs.
The benchmark EGX30 index has deepened its early losses and fell 191.13 points, or 1.26%, closing the session below 15,000 points at 14,955.58 points.
The small- and mid-cap EGX70 index shed 0.33% to 714.81 points, while the broader EGX100 index slipped 0.45% to 1,803.46 points.
The equal-weighted EGX50 index tumbled 0.87% to 2,448.18 points.
Trading volume amounted to 187.4 million shares exchanged at a turnover of EGP 528.4 million through 20,200 transactions.
Egyptian investors were mostly sellers, netting EGP 51.5 million, whereas foreign and Arab investors were net buyers with EGP 33 million and EGP 18.2 million, respectively.
Market capitalisation closed the session at EGP 827.1 billion and lost EGP 9.1 billion.
The heavyweight Commercial International Bank (CIB) fell 2.23% to EGP 72.78, with a turnover of EGP 198 million.
GB Auto, down 4.31%, led the declining blue-chip stocks, while Cairo Investment’s stock was the sole riser with 0.85%.
