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EGX ends Wednesday on mixed note

EGX ends Wednesday on mixed note

ArabFinance: The Egyptian Exchange’s (EGX) indices closed on a mixed note on Wednesday, with market capitalization reaching EGP 1.055 trillion.

The benchmark EGX30 index lost 0.23%, finishing the session at 16,407.79 points, while the EGX50 EWI inched down by 0.26% to 2,821.99 points.

The small- and mid-cap EGX70 equal-weight index (EWI) gained 0.18%, reaching 2,888.5 points, while the EGX100 decreased by 0.03%, ending the session at 4,336.32 points.

Trading volume amounted to 376.725 million shares exchanged through 66,155 transactions at a turnover of EGP 1.734 billion.

Retail investors controlled 68.89% of total trading transactions, while institutional investors made up 31.10% of trading.

Egyptian traders made up 80.44% of total trading transactions, while Arab and foreign investors accounted for 9.92% and 9.64%, respectively.

Egyptian and Arab traders were net buyers with EGP 142.565 million and EGP 69.114 million, respectively. Non-Arab foreign investors were net sellers with EGP 211.68 million.

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