Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Wednesday’s trading session down, pressured by foreign and Arab selling.
The benchmark EGX30 index has deepened its losses, closing the session 1.9% down at 17,460 points, its lowest level since February.
The small- and mid-cap EGX70 index tumbled 2% to 735 points, and the broader EGX100 index dropped 1.67% to 1,897 points.
Similarly, the equal-weighted EGX50 index plummeted 2.46% to 2,560 points.
Trading volume amounted to nearly 232.8 million shares exchanged at a turnover of EGP 620.8 million through 19,600 transactions.
Arab and foreign investors were net sellers with EGP 11.1 million and EGP 1.1 million, respectively, while Egyptian investors were net buyers with EGP 12.2 million.
Market capitalisation shed around EGP 12.2 billion and closed at EGP 859.8 billion.
