Cairo – Mubasher: The Egyptian Exchange (EGX) closed Thursday’s trading session in red territory, dragged down by foreign and Arab sell-off.
The benchmark EGX30 index went down 100.44 points, or 0.74%, finishing the session at 13,474.55 points.
The small- and mid-cap EGX70 index dipped 0.17% to 673.63 points, while the broader EGX100 index slipped 0.25% to 1,697.43 points.
Similarly, the equal-weighted EGX50 index tumbled 0.37% to 2,169 points.
Trading volume amounted to nearly 130.4 million shares exchanged at a turnover of EGP 624.5 million through 23,290 transactions.
Egyptian investors were mostly buyers, netting EGP 70.6 million, while foreign and Arab investors were net sellers with EGP 60.3 million and EGP 10.2 million, respectively.
The heavyweight Commercial International Bank (CIB) added 0.10% to EGP 81.5, with a turnover of EGP 53.8 million.
Market capitalisation lost EGP 2.6 billion and closed at EGP 764.22 billion.
