Egypt’s stock market ends lower, EGX 30 losses 0.67% on Wednesday

Egypt’s stock exchange’s (EGX) indexes closed lower on Wednesday, with the benchmark EGX 30 index losing 0.67 percent to 10,989 points driven by local investors’ selloff.

The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) rose 0.19 percent to 2,020 points, while the fixed-weighted index, EGX 30 Capped fell 0.80 percent to 13,085 points. The all-embracing index, EGX 100 dropped 0.16 percent higher to 2,954 points. Meanwhile, the equal weights index, EGX 50 went down 0.53 percent up to 2,151 points.

Market Cap   

Total market capitalisation has incurred losses worth 3.2 billion Egyptian pounds ($204.6 million) to close at 632.963 billion pounds on Wednesday.

Trading Aggregates      

Also on Wednesday, the trading value has approximately reached 4.9 billion pounds, while the trading volume has almost recorded 461.6 million securities executed 52,050 transactions.