Cairo - Mubasher: All Arab, foreign, and local institutions turned to selling on the Egyptian Exchange (EGX) at the closing bell, despite the indices paring their declines, coinciding with the continued decline in the value of the Egyptian pound.

Net sales of Arab and foreign institutions amounted to approximately EGP 136.9 million and EGP 123.3 million, respectively.

While net sales of local institutions amounted to about 104 million pounds.

In terms of investor transactions, Egyptians were the sole buyers of stocks, with a net value of EGP 276.6 million, while foreign and Arab investors were the sellers, with a net value of EGP 123.2 million and EGP 153.4 million, respectively.

The main index of the stock exchange, EGX30, fell by 0.6% to close at 30,453.94 points.

Market capitalization fell by EGP 3.9 billion to EGP 2.163 trillion.

Meanwhile, the EGX70 Equal Weight Index for small and medium-sized enterprises rose by 0.79% to close at 8,717.11 points, while the broader EGX100 Equal Weight Index rose by 4.58% to close at 12,002.08 points.

During the trading session, 1.13 billion shares were traded, with a trading value of EGP 3.7 billion, through 112,500 transactions. 211 shares were traded during the session, of which 102 shares rose, 69 shares declined, and 40 shares remained unchanged.