NILEX’s Index Tumbles 1.5%, Stocks Mostly Down

The Egyptian Exchange for SMEs – NILEX’s Index tumbled by 1.53% on Wednesday, to close at 1027.62 points.

Out of 17 securities traded today, 11 went down and 5 advanced; while one solely remained with no change in its value.

On Wednesday, the trading volume amounted to around 1.5 million securities, with turnovers nearly worth EGP 4.7 million.

BIG Trade and Investment S.A.E. (BIGP.CA on EGX) was the most active in terms of traded value, controlling around 27.1% of the EGP 4.7 million generated today.