EGX ends Wednesday in red

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Wednesday’s trading session down, pressured by Arab and foreign sell-offs.

The benchmark EGX30 index fell 172.02 points, or 1.08%, finishing the session at 15,750 points.

The small- and mid-cap EGX70 index tumbled 1.043% to 745.97 points, while the broader EGX100 index shed 1.03% to 1,930 points.

Market capitalisation lost EGP 6.8 billion and closed at EGP 872.04 billion.

The heavyweight Commercial International Bank (CIB) was stable at EGP 86.5, with a turnover of EGP 150.8 million.

Trading volume amounted to nearly 204.7 million shares exchanged at a turnover of EGP 817.8 million through 23,750 transactions.

Egyptian investors were net buyers with EGP 110 million, while Arab and foreign investors were net sellers with EGP 75.35 million and EGP 37.6 million, respectively.

Mubasher Contribution Time: 05-Sep-2018 13:21 (GMT)
Mubasher Last Update Time: 05-Sep-2018 13:27 (GMT)