EGX ends in red after sideways trading, benchmark loses 0.1%

CAIRO – April 12, 2017: The Egyptian Exchange lost ground amid sideways trading Thursday, while market capitalization gained around EGP400 million ($22.1 million), totaling EGP662.8 billion.

The benchmark index (EGX30) dropped a slight 0.13 percent to close at 12,967 points.
CIB, the heaviest weight on the gauge, ended 0.47 percent down.

The small and mid-cap EGX70 index fell 0.4 percent, closing at 590.4 points, and the broader EGX100 index was almost flat, losing only 0.05 percent to reach 1,360.9 points.
The market turnover registered EGP645.7 million, and foreign investors were the sole net buyers.