Cairo – Mubasher: The Egyptian Exchange (EGX) closed Thursday’s trading session down, pressured by local selling.
The benchmark EGX30 index has changed its upward trend to shed 82.54 points, or 0.48%, to 17,064.58 points.
Market capitalisation lost EGP 6.7 billion and closed at EGP 963.6 billion.
The small- and medium-caps EGX70 index dipped 0.29% to 878.26 points, and the broader EGX100 index slid 0.43% to 2,251 points.
Trading volume amounted to nearly 543 million shares exchanged through 32,880 transactions at a turnover of EGP 1.5 billion.
Egyptian investors were mostly sellers, netting EGP 52.95 million, while foreign and Arab investors were net buyers with EGP 50.79 million and EGP 2.16 million, respectively.
The heavyweight Commercial International Bank (CIB) levelled up 0.49% to EGP 88, with a turnover of EGP 51.8 million.
Most of the blue-chip stocks have seen a downward trend, topped by Citadel Capita which fell 4.95%, followed by Egypt Aluminum and Arabian Cement which tumbled 4.06% and 3.83%, respectively.
On the other hand, Egyptian Resorts led top gainers with a 6.88% increase, followed by Porto Group and SODIC which rose 5.71% and 3.03%, respectively.
