Cairo – Mubasher: The Egyptian Exchange (EGX) started Thursday's trading session down,pressured by Arab selling.
By 10:30 am Cairo time, the benchmark EGX30 index slid 103.84 points, or 0.65%, to 15,805 points.
The EGX70 index fell 0.78%, reaching 796.31 points, while the EGX100 index declined 0.68% to 2,039 points.
The equal-weighted EGX50 index decreased 1.04% to 2,654 points.
The bourse’s trading volume hit 31.3 million shares, exchanged at a turnover of EGP 135.1 million through 3,100 transactions.
Arab traders were net sellers with EGP 88.5 million, while local and foreign investors were net buyers with EGP 11.12 million and EGP 77.4 million, respectively.
The heavyweight Commercial International Bank’s (CIB) stock shed 0.12% to EGP 84.5, with a liquidity of EGP 627,000.
Pioneers Holding Company for Financial Investment’s stock rose 1.76%, followed by Elsewedy Electric’s stock with 1.07%, and EFG Hermes’ stock with 0.73%.
On the flipside, Egyptian Chemical Industries (Kima), Egypt Aluminum, and Porto Group Holding stocks went down 4.81%, 4.41%, and 3.85%, respectively.
