Cairo – Mubasher: EGX indices, excluding EGX70, kicked off the last trading session this week on a negative note.
By 10:10am Cairo time, the benchmark fell 2% to the mark of 7,708.65 points due to a broad-based selling wave by Arab and national investors.
CIB, the largest EGX30 stock, declined 2.32% to EGP44.55 at open.
Both the broader index EGX100 and the equal-weighted index EGX50 similarly opened the session down by 0.2%.
Meanwhile, the small and mid-cap index EGX70 solely stayed on the positive note after edging up by 0.2%.
Trading value reached EGP65.8 million after 19.7 million shares were traded.
Analysts said today’s morning that EGX indices are likely to see a flat and cautious tone in the last trading session this month, said analysts.
