EGX closes Thursday in red amid Arab, foreign selling

Cairo – Mubasher: The Egyptian Exchange's (EGX) benchmark EGX30 index dropped 1.36% or 188.03 points to the level of 13,609.22 points on Thursday.

The EGX70 inched down 0.02% to 700.63 points, while the EGX100 slipped 0.27% to 1,595.44 points, and the EGX50 shed 0.57% to the level of 2,108.43 points.

Market capitalisation lost EGP 5.5 billion and closed at EGP 712.5 billion.

Trading volume reached 294.5 million shares exchanged at EGP 702.5 million through 21,900 transactions.

Foreign and Arab investors were net sellers with EGP 28.19 million and 13.7 million, respectively. On the other hand, Egyptian investors were net buyers with EGP 41.9 million.

Juhayna, Amer Group, and Global Telecom's stocks declined 4.05%, 3.03%, and 2.37%, respectively. Sidi Kerir Petrochemicals led blue chips and edged up 0.18%.

Commercial International Bank – Egypt's (CIB) stock fell 1.92% to EGP 85.3, with a turnover of EGP 57.9 million.

 

MUBASHER Contribution Time: 27-Jul-2017 13:30 (GMT)
MUBASHER Last Update Time: 27-Jul-2017 13:43 (GMT)