Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session on a negative note amid thin liquidity, pressured by foreign sell-offs.
The main EGX30 index fell by 0.52%, ending the session at 13,812 points, after the heavyweight Commercial International Bank (CIB) dropped by 1.27% to EGP 81.9.
Meanwhile, the small- and mid-cap EGX70 index went down by 0.10% to 529 points, while the broader EGX100 index decreased by 0.18% to 1,389 points.
Likewise, the equal-weighted EGX50 index edged down by 0.06% to close at 1,957 points.
The market’s turnover stood at EGP 286 million, distributed over 88 million shares exchanged through about 13,000 transactions.
Foreign investors were net sellers with EGP 42.7 million, while Egyptian and Arab investors were net buyers with EGP 24.7 million and EGP 18 million, respectively.
Market capitalisation lost about EGP 1.7 billion to EGP 698.8 billion.
