Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in red territory, pressured by local selling.

The benchmark EGX30 index tumbled 58.23 points, or 0.34%, closing at 17,113 points.

The EGX70 index shed 0.22% to 886.62 points, while the EGX100 index dipped 0.07% to 2,264 points.

Trading volume reached around 356.7 million shares exchanged at a turnover of EGP 1.56 billion through 36,560 transactions.

Market capitalisation lost EGP 4.07 billion and closed at EGP 970.5 billion.

Egyptian investors were mostly sellers, netting EGP 96.2 million, while foreign and Arab investors were net buyers with EGP 40.7 million and EGP 55.77 million, respectively.

The heavyweight Commercial International Bank (CIB) fell 1.598% to EGP 88.3 at a turnover of EGP 145.05 million.