Cairo – Mubasher: Egyptian and foreign sell-offs have dragged down the Egyptian Exchange (EGX) early Sunday.
By 10:16 am Cairo time, the benchmark EGX30 index slipped 20.07 points, or 0.18% to 12,973 points.
The small- and mid-cap EGX70 index inched down 0.07% to 674.59 points, while the broader EGX100 index dipped 0.04% to 1,690.1 points.
Similarly, the equal-weighted EGX50 index inched down 0.05% to 2,143 points.
Trading volume amounted to nearly 13.6 million shares exchanged at a turnover of EGP 29.19 million through 12,000 transactions.
The heavyweight Commercial International Bank (CIB) fell sharply by 2.36% to EGP 71.56, with a turnover of EGP 100,300.
Arab investors were net buyers with EGP 209,400, while foreign and Egyptian investors were net sellers with EGP 69,150 and EGP 140,200, respectively.
