Cairo – Mubasher: The Egyptian Exchange (EGX) indices succeeded in erasing its early losses, as they advanced collectively by the end of Wednesday session.
The benchmark index gained 0.96% or 57.69 points to close at 6,066.54 points.
The small and mid-caps index EGX70 inched up 0.30% to 350.25 points, while the broader index EGX100 went up 0.55% to 707.57 points.
The equal weighed index EGX50 edged down 0.67% to 1,107.56 points.
The market witnessed 187 million shares changed hands worth EGP 719.4 million, carried out through 22,300 transitions.
Local and Arab investors stepped in as net buyers with EGP 22.1 million and EGP 2.7 million respectively, while foreign investors ended as net sellers with EGP 24.8 million.
Institutions ended as net buyers, except the foreign ones, while retail investors ended as net sellers.
Out of 160 companies traded today, advancers outnumbered decliners by 78 to 45, while 37 stocks remained unchanged.