The Egyptian Exchange closed Wednesday’s session on a broad-based decline, pressured by selling from Egyptian and Arab investors, while market capitalization of listed companies stood at around EGP 3.68 trillion by the end of trading.
The benchmark EGX30 index fell 2.13% to close at 51,256 points, while the Sharia-compliant index dropped 1.97% to 5,705 points.
Downward pressure extended across the board, with the EGX35-LV index declining 1.62% to 5,996.7 points. The EGX70 index fell 2.4% to 15,206 points, while the broader EGX100 index lost 2.55% to close at 20,911 points.
On investor activity, foreign and Arab investors were net sellers with sales of EGP 131.7 million and EGP 30.4 million, respectively, while Egyptian investors were net buyers with purchases amounting to EGP 162.1 million.
Total market turnover reached EGP 10.77 billion, on the execution of 222,310 transactions covering 4.12 billion securities.
