Cairo – Mubasher: The Egyptian Exchange (EGX) started Monday’s trading session in red territory, pressured by foreign sell-off.
By 10:25 am Cairo time, the benchmark EGX30 index shed 39.46 points, or 0.20%, to 15,707.60 points, dragged down by declining blue-chip stocks.
The small- and mid-cap EGX70 index inched up 0.01% to 751.74 points, while the EGX100 index dipped 0.06% to 1,937.41 points.
The equal-weighted EGX50 index tumbled 0.54% to 2,553 points.
Trading volume amounted to around 25.6 million shares exchanged at a turnover of EGP 40.7 million through 1,600 transactions.
Foreign investors were net sellers with EGP 267,200, while Egyptian and Arab investors were net buyers with EGP 157,300 and EGP 106,900, respectively.
The heavyweight Commercial International Bank (CIB) slipped 0.18% to EGP 85.51, with a turnover of EGP 552,060.