The Egyptian Exchange (EGX) ended Wednesday on a semi- collective rise, losing LE 1.92 billion of market capitalization, amid foreign selling.
The benchmark EGX 30 dipped 0.75 percent, or 73.61 points, to close at 9,801.33 points.
On the other hand, the equally weighted index EGX 50 rose 0.87 percent, or 12.84 points, to end at 1,486.1 points.
The small and mid-cap index EGX 70 increased 1.13 percent, or 12.36 points, to close at 1,107.63 points, and the broader index EGX 100 inched up 0.04 percent, or 0.47 points to 1,073.02 points.
Market capitalization lost LE 1.92 billion, recording LE 544.15 billion, compared to LE 546.07 billion in Tuesday’s session.
The trading volume reached 373.1 million shares, traded through 30,840 transactions, with a turnover of LE 1.67 billion.
Foreign investors were sellers at LE 204.59 million, while Egyptian and Arab investors were net buyers at LE 195.4 million, and LE 9.19 million, respectively.
Egyptian, Arab and foreign individuals were net buyers at LE 39.95 million, LE 19.06 million, and LE 1.8 million, respectively.
Egyptian organizations bought at LE 155.44 million, while Arab and foreign organizations sold at LE 9.86 million, and LE 206.44 million, respectively.
Ismailia National Food Industries, Dice Sport & Casual Wear, and Modern Company for water proofing (Bitumode) were top gainers of the session at 20.14 percent, 9.79 percent and 9.76 percent, respectively.
Meanwhile, Misr Hotels, Delta for Printing & Packaging, and Egypt for Poultry were top losers of the session by 8.90 percent, 7.18 percent, and 4.94 percent, respectively.
On Tuesday, EGX ended the session on mixed note, as: EGX 30 dipped 2.75 percent, EGX 50 declined 0.78 percent, EGX 70 dropped 0.19 percent, and EGX 100 lessened 1.06 percent.
EGX was off on during the first two days of the week on the occasion of Easter and Sham El-Nessiem Holidays.
Egypt Today
