Cairo – Mubasher: The Egyptian Exchange (EGX) started Thursday on a mixed note, amid purchases by Arab investors and selling by foreign and local traders.
By 10:23 am Cairo time, the main EGX30 index fell 32.39 points, or 0.18%, to 18,140 points.
The small- and medium-cap EGX70 remained stable at 8860.06 points, whereas the EGX100 index rose 0.01% to 2,320 points.
The equal-weighted EGX50 index shed 0.06% to 3,067 points.
The EGX’s trading volume reached 13.8 million shares changed hands through 1,900 transactions, with a liquidity of EGP 53.18 million.
Arab investors were net buyers with EGP 3.8 million, while Egyptian and foreign traders were net sellers with EGP 2.6 million and EGP 1.2 million, respectively.
Global Telecom Holding, Egyptian Resorts Co, and Palm Hills Development Company stocks were the worst performers with 2.21%, 2.15%, and 1.77%, respectively.
On the flipside, Egypt Aluminum’s stock led gainers with 1.42%, followed by Egyptian Iron and Steel’s (HADISOLB) stock with 1.33%, and Commercial International Bank’s (CIB) stock with 0.35%.
In the meantime, CIB’s stock inched up 0.35% to EGP 94.98, with a trading value of EGP 33,600.
