Egypt’s stocks end in red on Wednesday as benchmark EGX 30 falls 0.76%

Egypt’s stock exchange (EGX) has ended lower on Wednesday, with the benchmark EGX 30 index falling by 0.76 percent to 11,451 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dropped by 0.68 percent to 2,121 points, while the fixed-weighted index, EGX 30 Capped went down by 0.98 percent to 13,519 points. In addition, the equal weights index, EGX 50 tumbled by 1.45 percent to 2,003 points.

The all-embracing index, EGX 100 inched 0.85 percent lower to 3,110 points.

Market Cap   

The country’s market capitalisation has incurred losses worth 5 billion Egyptian pounds ($317.4 million), ending the trading at 723.968 billion pounds driven by foreign investors’ selloff.

Trading Aggregates            

Trading value has approximately reached around 3.1 billion pounds, while the trading volume has almost recorded 348.019 million securities executed 39,897 transactions.