The Egyptian Exchange (EGX) ended Wednesday’s session on mixed note, losing around LE 720.63 million of market capitalization, amid Egyptian selling.
The benchmark EGX30 inched down 0.07 percent, or 7.44 points, to end at 10,718.89 points.
On the other hand, the equally weighted index EGX 50 increased 0.48 percent, or 11.17 points, to end at 2,338.56 points.
The small and mid-cap index EGX 70 rose 0.98 percent, or 26.73 points, to close at 2,757.02 points, and the broader index EGX 100 hiked 0.75 percent, or 27.88 points, to close at 3,737.99 points.
Market capitalization lost around LE 720.63 million, recording LE 703.14 billion, compared to LE 703.86 billion in Tuesday’s session.
The trading volume reached 410.47 million shares, traded through 56,143 transactions, with a turnover of LE 1.75 billion.
Egyptian investors were net sellers at LE 42.77 million, while Arab and Foreign investors were net buyers at LE 28.11 million, and LE 14.66 million, respectively.
Egyptian, Arab and foreign individuals were net buyers at LE 22.47 million, LE 567,689, and LE 413,852, respectively.
Egyptian organizations sold at LE 65.24 million, while Arab and foreign organizations bought at LE 27.54 million, and LE 14.25 million, respectively.
Sinai Cement, Golden Textiles & Clothes Wool, and Alexandria National Company for Financial Investment were top gainers of the session at 10 percent, 9.96 percent and 9.82 percent, respectively.
Meanwhile, El Kahera El Watania Investment, Wadi Kom Ombo Land Reclamation, and ODIN Investments were top losers of the session by 9.97 percent, 7.38 percent, and 5.92 percent, respectively.
EGX ended Tuesday in red, as: EGX30 decreased 0.88 percent, EGX 50 dipped 2.19 percent, EGX 70 declined 2.97 percent, EGX 100 lessened 2.45 percent.
Egypt Today
