Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading in red, pressured by sales of foreign investors.
The benchmark EGX30 index declined 2.03% or 256.7 points to the level of 12,401.09 points, while EGX50 fell 1.06% to 1,971.6 points.
Meanwhile, EGX70 and EGX100 indices rose 0.90% and 0.15%, respectively.
Turnover amounted to EGP 1.11 billion, as trading volume reached 297.3 million shares.
Net sales by foreign traders reached EGP 108 million, while net purchases amounted to EGP 22.8 million by local investors and EGP 85 million by Arabs.
Market capitalisation decreased EGP 7.37 billion to EGP 608.38 billion.
The session saw a fall in some blue chips topped by Global Telecom after dropping 7.86% to EGP 6.8, with a turnover of EGP 183 million.
Domty, Egyptian Resorts, Emaar Misr, and Eastern Company shrank between 5.74% and 4.3%. Heavyweight CIB retreated 2.53% to EGP 74.1.
The EGX30 index rose on Tuesday by 1.72% or 213.64 points to the level of 12,657.82 points.
