Egypt’s stocks ended trading on Wednesday lower losing 1.3 billion Egyptian pounds driven by Egyptian investors’ sales. The main stock index, EGX30 retreated below 9718.75 points.
Egypt’s benchmark index EGX30 ended 0.42 per cent lower to 9718.75pts; while EGX20 tumbled by 0.89 per cent down to 11429.9pts.
In addition, the mid- and small-cap index, the EGX70 dived by 0.96 per cent to end at 619.84 pts. The price index EGX100 sagged by 0.41per cent to conclude at 1142.34 pts.
Furthermore, the market capitalization recorded EGP 524.847 billion on Wednesday.
Turnovers below EGP 1 Billion
Through the closing session of Wednesday, the trading volume has reached 129,181 million securities, with turnovers worth EGP 669,738 million, exchanged through 22 thousand transactions.
Also during the closing session,171 listed securities have been traded in; 110 declined, 37 advanced; while 22 kept their previous levels.
Egyptian investors were net sellers seizing on Wednesday 69,81% of the total markets, with a net equity of EGP51.9 million, excluding the deals.
On the other hand, Arab and foreign investors were net buyers capturing 9.87% , 20.32% respectively of the total market, with a net equity of EGP 8.7 million and EGP43.14million, excluding the deals.