Foreign sell-off drags down EGX Thursday

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

The benchmark EGX30 index fell 162.42 points, or 1.04%, finishing the session at 15,416.31 points.

The small- and mid-cap EGX70 index slid 0.35% to 752.6 points, while the broader EGX100 index shed 0.52% to 1,927 points.

Likewise, the equal-weighted EGX50 index tumbled 0.71% to 2,636 points.

Trading volume amounted to around 117.9 million exchanged through 17,000 transactions at a turnover of EGP 648.8 million.

Foreign investors were net sellers with EGP 48.5 million, while Egyptian and Arab investors were net buyers with EGP 28.8 million and EGP 19.6 million, respectively.

Market capitalisation lost EGP 5.9 billion and closed at EGP 867.08 billion.

Mubasher Contribution Time: 19-Jul-2018 13:12 (GMT)
Mubasher Last Update Time: 19-Jul-2018 13:17 (GMT)