Egyptian indexes ended mixed amid low volumes on Tuesday, traders said. Volume totalled LE477 million ($80 million), according to Bourse data. The country's benchmark index EGX 30 slipped 0.27 per cent to 5,039.41 points. But the broader indexes EGX 70 and EGX 100 rose by 0.41 and 0.21 per cent to 615.35 and 946.38 points respectively. Talaat Moustafa, the country's biggest listed builder, slid by 4.62 per cent to LE3.51 per share. Mobinil shed 1.16 per cent to LE145.04 per share. Orascom Telecom, the largest Arab mobile operator by subscribers, plunged by 2.1 per cent LE4.19 per share. Orascom Construction Industries rose by 1.03 per cent to LE243.92 per share. EFG-Hermes, the country's biggest investment bank by market value, jumped by 1.22 per cent to LE18.25 per share. Egypt's heavyweight Commercial International Bank (CIB) fell by 0.47 per cent to LE27.73 per share. Arafa Holding, Egypt's biggest garment exporter, has said that consolidated net profit for the 12 months to January 31 jumped by 68 per cent from a year earlier, according to Reuters. Net profit rose to $17.1 million from $10.2 million a year earlier, while revenue dropped 14.8 per cent to $283.3 million. Globally, world stocks fell as investors pocketed gains after a five-session winning run, while the dollar edged off a 33-month low, sending crude and copper prices lower. Equities have been buoyed by robust company earnings in the United States and Europe though high commodity prices, driven by ultra-loose US monetary policy and turmoil in oil-producing Middle East and North Africa, could threaten company margins. World stocks measured by the Morgan Stanley Capital International (MSCI) All-Country World Index shed 0.6 per cent after five sessions of gains, and the emerging share index lost 1.2 per cent to a two-week low. The MSCI world gauge gained 3.9 percent last month, and is up 7.5 percent this year.
