Egypt’s stocks close mixed on Wednesday as benchmark EGX 30 hikes 0.90%

Egypt’s stock exchange (EGX) has ended mixed on Wednesday, with the benchmark EGX 30 index rising by 0.90 percent to 10,881 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) decreased by 1.21 percent to 2,647 points, while the fixed-weighted index, EGX 30 Capped advanced by 0.84 percent to 13,224 points. The all-embracing index, EGX 100 dropped by 0.88 percent to 3,599 points. In addition, the equal weights index, EGX 50 edged down by 0.86 percent to 2,276 points.

Market Cap   

The country’s market capitalisation has posted gains on Wednesday worth 1.2 billion Egyptian pounds ($76.4 million), ending the trading at 708.425 billion pounds buoyed by local and Arab investors’ buying appetite.

Trading Aggregates            

Trading value has approximately reached around 5.7 billion pounds, while the trading volume has almost recorded 337.642 million securities executed 37,470 transactions.