Egypt Shares Lose EGP3.3 billion, EGX30 Ends below 9587

Egypt’s stocks ended trading on Wednesday lower losing 3.3 billion Egyptian pounds driven by foreign investors’ sales. The main stock index, EGX30 retreated below 9587.83 points.

Indices

Egypt’s benchmark index EGX30 ended 1.43 per cent lower to 9587.83pts    
In addition, the mid- and small-cap index, the EGX70 sagged by 0.35 per cent to end at 649.99 pts. The price index EGX100 plummeted by 0.02per cent to conclude at 1180.83 pts.  
Furthermore, the market capitalization recorded EGP 525.692 billion on Wednesday.

Turnovers

Through the closing session of Wednesday, the trading volume has reached 106.061 million securities, with turnovers worth EGP 599.779 million, exchanged through 24.4 thousand transactions.               
Also during the closing session, 178 listed securities have been traded in; 96 declined, 59 advanced; while 23 kept their previous levels.

Investors’ Activities

Foreign investors were net sellers seizing  on Wednesday 28.03% of the total markets, with a net equity of EGP5119.9million, excluding the deals.

On the other hand, Arab and Egyptian investors were net buyers capturing 63.24% , 8.73% respectively of the total market, with a net equity of 68.4 million ,excluding the deals.