Egyptian exchange opens Monday on mixed note

Big 5

The Egyptian Exchange (EGX) opened Monday’s trading session on a mixed note.

By 10:30 am Cairo time, the benchmark EGX30 index dipped 26.99 points, or 0.17 percent, to 15,828 points.

The small- and mid-cap EGX70 index inched up 0.01 percent to 751.36 points, while the broader EGX100 index inched down 0.01 percent to 1,940 points.

The equal-weighted EGX50 index slipped 0.04 percent to 2,580 points.

Trading volume amounted to around 32.6 million shares exchanged at a turnover of 90.7 million pounds through 2,700 transactions.

Foreign investors were net sellers with 16.5 million pounds, while Egyptian and Arab investors were net buyers with 11.2 million pounds and 5.3 million pounds, respectively.

The heavyweight Commercial International Bank (CIB) slid 0.97 percent to 86.05 pounds, with a turnover of 347,100 pounds.