The Egyptian Exchange (EGX) ended Sunday in red, pressured by the selling activity of Arab and national investors.
EGX30 changed its upwards trend and declined by 0.55% or 79.59 points, closing at the level of 14,270.55 points, after reaching an all-time high at the close of last session.
The market capital closed at EGP 786.15 billion, losing around EGP 2.3 billion.
Meanwhile, EGX70 fell 1% to 777.78 points, while the broader index EGX100 decreased by 0.81% to 1,759.21 points.
The equal-weighted index EGX50 levelled down 0.63% to 2,499 points.
Commercial International Bank – Egypt (CIB), the stock with the heaviest weight in the main index, went down by 1.28% to EGP 76.9.
Similarly, the majority of the blue chip stocks saw a negative performance today, led by Domty with a 4.11% decline, followed by Kima with 3.85%, and Amer Group with 2.78%.
On the other hand, some blue chips saw marginal gains today, as ADIB rose 1.64%, while Global Telecom and Eastern Company rose 0.4%, and 0.08%, respectively.
Traded volumes reached 240.09 million shares, with a total turnover of EGP 848.8 million, through around 28,400 transactions.
Foreign investors were inclined to buy, netting EGP 137.38 million, while Egyptian and Arab investors were net sellers with EGP 127.7 million, and EGP 9.6 million, respectively.