Egypt’s stocks end lower as benchmark EGX 30 falls 0.11% on Wednesday
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dropped 0.30 percent to 2,236 points, while the fixed-weighted index, EGX 30 Capped dipped 0.08 percent to 12,397 points. The all-embracing index, EGX 100 went down 0.11 percent to 3,163 points. Meanwhile, the equal weights index, EGX 50 declined 0.96 percent to 2,120 points.
The country’s market capitalisation has on Wednesday posted gains worth 691 million Egyptian pounds ($44.1 million), ending the trading at 631.992 billion pounds driven by Arab and foreign investors’ buying appetite.
Trading value has approximately reached around 5.3 billion pounds, while the trading volume has almost recorded 440.256 million securities executed 45,994 transactions.