EGX ends Thursday in red; market cap sheds EGP 3.5bn

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Thursday’s trading session in red territory, dragged down by foreign sell-offs.

 The benchmark EGX30 index has deepened its early losses and shed 0.89%, finishing the session at 14,991 points.

The small- and mid-cap EGX70 index slipped 0.52% to 697.98 points, while the broader EGX100 index went down 0.5% to 1,771.07 points.

The equal-weighted EGX50 index tumbled 0.35% to 2,453 points.

Trading volume amounted to around 190.5 million shares exchanged at a turnover of EGP 1.24 billion through 29,070 transactions.

Foreign investors were mostly sellers with EGP 141.7 million, while Egyptian and Arab investors were net buyers with EGP 119.5 million and EGP 22.17 million, respectively.

The heavyweight Commercial International Bank (CIB) fell 1.85% to EGP 69.48, with a turnover of EGP 242.03 million.

Market capitalisation lost EGP 3.5 billion and closed the session at EGP 831.25 billion.

Mubasher Contribution Time: 14-Mar-2019 14:07 (GMT)
Mubasher Last Update Time: 14-Mar-2019 14:07 (GMT)

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