Egypt’s stocks closed mixed as EGX 30 tumbles 1.16% on Wednesday
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) climbed 1.55 percent to 2,331 points, while the fixed-weighted index, EGX 30 Capped went down 1 percent to 12,542 points. The all-embracing index, EGX 100 rose 0.84 percent to 3,252 points. Meanwhile, the equal weights index, EGX 50 gained 0.66 percent to 2,200 points.
The country’s market capitalisation has on Wednesday incurred losses worth 2.7 billion Egyptian pounds ($172 million), ending the trading at 651.163 billion pounds buoyed by local and Arab investors’ selloff.
Trading value has approximately reached around 4.1 billion pounds, while the trading volume has almost recorded 649.155 million securities executed 62,025 transactions.