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Egypt’s bourse opens on negative note

Egypt’s bourse opens on negative note
Egypt’s bourse opens on negative note

Cairo – Mubasher: The Egyptian Exchange (EGX) opened on negative note on Tuesday amid selling pressure by foreign investors.

The benchmark index EGX30 slide 1.6% or 207.8 points reaching 12,259.01 points.

The small and medium caps index EGX70 slipped 0.03% to 473.22 points, while the broader index EGX100 lost 0.45% to 1,151.53 points.

The equal weighted index EGX50 lost 1.53% to 1,940.23 points.

Tuesday early trading witnessed 52.6 million shares changed hands worth EGP 147.8 million.