Egyptian stocks slip on foreign selling
CAIRO - Egyptian indexes were in the red on Monday as foreign investors were driven by profit-taking, traders said. The country's benchmark index EGX 30 slipped by 0.84 per cent to 5,580.96 points.
Locals made net purchses worth LE48.9 million ($8.2 million), according to Bourse data. Arab and non-Arab investors made net sell-offs worth LE14.4 million and LE34.5 million respectively. The broader index EGX 70, which measures 70 of the country's mid caps,