Cairo – Mubasher: The Egyptian Exchange started Thursday in the red territory due to a selling wave by national investors.

The main index declined 113.5 points or 1% to 11,234.9 points by 10:42am Cairo local time (CLT).

The small and mid-cap index lowered 0.4% to 447.04 points.

The border index EGX100 and equal-weighted index EGX50 were lower 0.6% and 1.3%, respectively.

Trading volumes reached 50.8 million shares worth EGP 131.4 million by 10:45 CLT.

National investors were net sellers by EGP 12.1 million, while Arabs and foreigners were net buyers by EGP 4.01 million and EGP 8.4 million respectively.