Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session on a negative note, dragged by local and Arab sell-offs.
The main EGX30 index retreated 0.42%, ending the session at 14,607 points.
Similarly, the small- and medium-cap EGX70 index inched down 0.1% to 547 points, while the broader EGX100 index fell by 0.2% to 1,451 points.
Meanwhile, the equal-weighted EGX50 index decreased by 0.3% to 2,110 points.
Market capitalisation lost about EGP 2.01 billion to close at EGP 730 billion.
Trading volume amounted to 116.8 million shares exchanged at a turnover of EGP 617.8 million through nearly 18,600 transactions.
Egyptian and Arab investors were net sellers with EGP 1.44 billion and EGP 21.16 million, respectively, while foreign investors were net buyers with EGP 1.47 billion.