Local, Arab sell-offs weigh on EGX at Thursday’s close

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Thursday’s trading session in red territory, dragged down by local and Arab sell-offs.

The benchmark EGX30 index has changed its upward trend and slipped 0.46%, finishing the session at 15,879.81 points.

The small- and mid-cap EGX70 index slide 0.58% to 775.10 points, while the broader EGX100 index dipped 0.37% to 1,990 points.

Likewise, the equal-weighted EGX50 index inched down 0.03% to 2,708 points.

Trading volume amounted to nearly 137.9 million shares exchanged at a turnover of EGP 589.5 million through 21,900 transactions.

Foreign investors were mostly buyers, netting EGP 17.7 million, while Egyptian and Arab were net sellers with EGP 15.4 million and EGP 2.2 million, respectively.

Market capitalisation gained EGP 573.6 million and closed at EGP 889.9 billion.

Mubasher Contribution Time: 12-Jul-2018 13:31 (GMT)
Mubasher Last Update Time: 12-Jul-2018 13:31 (GMT)

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