Egypt’s stocks end in red with benchmark EGX 30 solely up on Wednesday

Egypt’s stock exchange (EGX) has finished in red on Wednesday, with the benchmark EGX 30 index solely rose. The main index slightly increased by 0.07 percent to 11,685 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) sank by 3.79 percent to 2,224 points, while the fixed-weighted index, EGX 30 Capped fell by 0.39 percent to 13,687 points. In addition, the equal weights index, EGX 50 dived by 3.21 percent to 2,068 points.

The all-embracing index, EGX 100 tumbled by 2.95 percent to 3,209 points.

Market Cap   

The country’s market capitalisation has incurred losses on Wednesday worth 7.8 billion Egyptian pounds ($498.2 million), ending the trading at 742.829 billion pounds due to foreign investors’ selloff.

Trading Aggregates            

Trading value has approximately reached around 6.6 billion pounds, while the trading volume has almost recorded 552.439 million securities executed 46,165 transactions.

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