Market capitalization gained around LE 1 billion, recording LE 701.95 billion, compared to LE 700.95 billion in Tuesday’s session
The Egyptian Exchange (EGX) ends Wednesday on a mixed note, adding LE 1 billion to market capitalization but with a majority of the indices in the red.
EGX 30 is the only index to go up, inching 0.16 percent, or 18.69 points, to end at 11,435.43 points, while EGX 50 dropped 0.45 percent, or 10.62 points, to end at 2,356.37 points.
EGX 70 dipped by declined 0.33 percent, or 7.83 points, to close at 2,362.42 points, with EGX 100 declined 0.15 percent, or 5.01 points, to close at 3,386.08 points.
Market capitalization gained around LE 1 billion, recording LE 701.95 billion, compared to LE 700.95 billion in Tuesday’s session.
The trading volume reached 570.39 million shares, traded through 49,773 transactions, with a turnover of LE 1.59 billion.
Net buyers of the session were Egyptian investors and individuals buying at LE 71.03 million and LE 41.34 million, respectively. Foreign and Arab individuals also bought at LE 1.85 million and LE 393,452.
Net sellers were Arab and foreign investors at LE 36.58 million, and LE 34.45 million, respectively.
Arab and foreign organizations sold at LE 36.97 million, and LE 36.29 million, respectively, while Egyptian organization bought at LE 29.69 million.
Top gainers of the session were MM Group for Industry and International Trade climbing by 11.56 percent, Alexandria National Company for Financial Investment by 9.96 percent, and Arab Moltaka Investments Co at 9.88 percent.
Top drops of the session were by Arab Co. for Asset Management and Development by 9.75 percent, Mohandes Insurance by 9.53 percent, and El Nasr for Manufacturing Agricultural Crops by 8.92 percent.
On Tuesday, EGX ended the session in red, EGX30 dipped 1.15 percent, EGX 50 dropped 1.37 percent, EGX 70 declined 1.45 percent, and EGX 100 lessened 1.34 percent.
