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Egypt stocks slightly fall on Wednesday

Ahram Online , Wednesday 24 Feb 2016
Egypt
Egypt's stocks (Reuters)
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Egypt's stocks dropped on Wednesday after three session of gains amid modest turnover levels.

Benchmark EGX30 dipped 0.83 percent to register 6,054 points and daily stock turnover amounted to EGP 273.2 million.

Egyptians were net buyers to the tune of EGP 13 million while Arab investors were sellers to the tune of EGP 8.3 million.

Market bellwether Commercial International Bank (CIB) fell 1.11 percent to EGP 32.76 per share.

With the highest contribuition to turnover in the main index, Arabia for Investment Holding gained 2.17 percent to EGP 0.95 per share.

Leading real estate developers Talaat Moustafa Group (TMG) and Palm Hills for Development declined 0.84 percent to EGP 4.75 per share and 2.54 percent to EGP 2.28 per share respectively.

 

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