Global Telecom weighs on EGX Sunday

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session on a mixed note, pressured by Global Telecom’s stock.

The benchmark EGX30 index extended its losses, retreating 157.05 points, or 0.98%, finishing the session at 15,852.36 points.

Global Telecom led top losers with 13.52%, while Amer Group headed the rising blue chips with 4.17%.

The small- and mid-cap EGX70 index closed the session up at 751.26 points, while the broader EGX100 index edged up 0.22% to 1,940 points.

The equal-weighted EGX50 index slipped 0.83% to 2,581 points.

Trading volume amounted to 189.5 million shares exchanged through 21,200 transactions at a turnover of EGP 669.9 million.

Market capitalisation gained EGP 13.8 million and closed at EGP 875.9 billion.

Arab investors were net sellers with EGP 26.9 million, while foreign and Egyptian investors were net buyers with EGP 25.9 million and EGP 1.02 million, respectively.

The heavyweight Commercial International Bank (CIB) shed 0.88% to EGP 86.9, with a turnover of EGP 29.15 million.

Mubasher Contribution Time: 02-Sep-2018 13:13 (GMT)
Mubasher Last Update Time: 02-Sep-2018 13:13 (GMT)