Egypt’s main stock index dips 0.01% on Wednesday

By Amwal Al Ghad English On Feb 23, 2022

Egypt’s stock exchange (EGX) ended in mixed notes on Wednesday, with the benchmark EGX 30 index slightly falling by 0.01 percent to 11,301 points driven by Arab and foreign investors’ selloff.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) rose by 0.54 percent to 1,950 points, while the fixed-weighted index, EGX 30 Capped inched up by 0.18 percent to 13,489 points. In addition, the equal weights index, EGX 50 increased by 0.40 percent to 1,944 points.

The all-embracing index, EGX 100 surged by 0.48 percent to 2,934 points.

Market Cap

The country’s market capitalisation has posted gains worth 1.2 billion Egyptian pounds ($77.5 million), ending the trading at 713.668 billion pounds.

Trading Aggregates

Trading value has approximately reached around 612.881 million pounds, while the trading volume has almost recorded around 244.667 million securities executed 27,877 transactions.