Cairo – Mubasher: The Egyptian Stock Exchange’s (EGX) benchmark index (EGX30) declined 0.32% or 24.11 points to 7,621.91 points at the closing of Tuesday’s session, pressured by Egyptians’ selling.
The EGX70 index retreated 0.33% to 369.09 points, while the EGX100 was down 0.29% to 781.42 points.
Many of the EGX’s blue chips were in the red, led by the heavy-weight Commercial International Bank Egypt (CIB), which fell 0.92% to EGP 44.05 following a turnover of EGP 94.24 million.
Total turnover on the EGX reached EGP 471.077 million on Tuesday, after 166.55 million shares were traded through 21,257 transactions.
Arab and foreign investors focused on buying today, netting EGP 32.43 million and EGP 23.65 million, respectively, whereas Egyptians sold shares, netting EGP 56.08 million.
Market capital dropped by EGP 1.65 billion to EGP 407.989 billion against Monday’s closing at EGP 409.6 billion.
Alexandria National Company for Financial Investments (ANFI), Ajwa Group for Food Industries and Modern Waterproofing, were the top gainers on the EGX, rising between 9.91%, 9.41% and 7.69%, respectively.
On the other hand, El Wadi for Touristic Investment, Egyptian Media Production City Co. and Egypt Gas were the top fallers, sliding 5.38%, 4.99% and 4.88%, respectively.
