Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session on a negative note, pressured by local sell-offs.
The benchmark EGX30 index dropped by 1.16%, ending the session at 14,182.7 points.
Likewise, the small- and mid-cap EGX70 index went down by 0.33% to 524.37 points, while the broader EGP100 index fell by 0.61% to 1,397 points.
In the meantime, the equal-weighted EGX50 index retreated 1.1% to 2,031 points.
Market capitalisation lost EGP 6.62 billion to close at EGP 715.08 billion on Wednesday from EGP 721.7 billion on Tuesday.
Trading volume amounted to 669.82 million shares exchanged at a turnover of EGP 4.45 billion through nearly 20,470 transactions.
Egyptian investors were net sellers with EGP 714.4 million, while Arab and foreign investors were net buyers with EGP 159.3 million and EGP 555.1 million, respectively.
