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EGX30 edges down at Sunday's close amid foreign sell-offs

EGX30 edges down at Sunday's close amid foreign sell-offs
Market cap lost about EGP 270 million

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session with a sideways-to-declining performance amid foreign sell-offs.

The benchmark EGX30 index edged down by 0.05%, ending the session at 13,721 points.

Meanwhile, the small- and mid-cap EGX70 index fell by 0.16% to 533.17 points, while the broader EGX100 index inched down by 0.09% to 1,381 points.

On the other hand, the equal-weighted EGX50 index rose by 0.16% to close at 1,897 points.

Market cap lost about EGP 270 million to close at EGP 696.98 billion on Sunday from EGP 697.25 billion on Thursday.

Trading volume reached 133.93 million securities exchanged at a turnover of EGP 1.8 billion through about 13,270 transactions.

Egyptian and Arab investors were net buyers with EGP 3.93 million and EGP 4.42 million, respectively, while foreign investors were net sellers with EGP 339,306.