Egyptian stock market closed lower Monday. Main index, EGX30 fell 0.25 percent, to 8032.43 points as stocks favoured by foreign funds retreated. Commercial International Bank (COMI.CA) lost 1.6 percent and Talaat Mostafa Group Holding (TMGH.CA) dropped 2.1 percent.
Other indices; EGX50 EWI index added 0.22 percent, to 1369.17 points; EGX20 rose 0.16 percent, to 8116.49 points.
Mid- and small-cap index EGX70 dropped 0.68 percent, to 356.22 points. Price index, EGX100 declined 0.26 percent, to 801.22 points.
Market capitalisation incurred losses worth 642 million Egyptian pounds ($72.3 million), to record 407.973 billion pounds during the closing session of Monday.
The bourse’s trading volume reached 123.155 million securities, with turnovers, closing at 537.632 million pounds, exchanged through 16,016 transactions.
Also during the closing session, 174 listed securities have been traded in, 92 declined, 38 advanced; while 38 kept their previous levels.
Non-Arab foreign investors remained net sellers capturing 19 percent of the total market, with a net equity of 75.018 million pounds, excluding the deals.
On the contrary, local and Arab investors were net buyers controlling 77.1 and 3.9 percent respectively of the total markets, with a net equity of 61.383 million pounds and 13.634 million pounds, respectively, excluding the deals.