CAIRO – 28 September 2022: The Egyptian Exchange (EGX) ended Wednesday’s session in the red zone, losing around LE 6.13 billion of the market capitalization, amid foreign selling.
The benchmark EGX30 declined 1.17 percent, or 115.18 points, to end at 9,702.19 points.
The equally weighted index EGX 50 decreased 0.98 percent, or 18.79 points, to end at 1,891.12 points.
The small and mid-cap index EGX 70 dropped 1.16 percent, or 26.27 points, to close at 2,241.57 points, and the broader index EGX 100 dipped 1.07 percent, or 34.35 points, at 3,172.06 points.
Market capitalization lost around LE 6.13 billion, recording LE 682.45 billion, compared to LE 688.58 billion in Tuesday's session.
The trading volume reached 449.09 million shares, traded through 51,628 transactions, with a turnover of LE 1.08 billion.
Foreign investors were net sellers at LE 69.42 million, while Egyptian and Arab investors were net buyers at LE 69.42 million, and LE 11.94 million, respectively.
Arab and foreign individuals were net sellers at LE 5.78 million, and LE 2.47 million, respectively, while Egyptian individuals were net buyers at LE 30.87 million.
Egyptian and Arab organizations bought at LE 38.55 million, and LE 17.72 million, respectively, while foreign organizations sold at LE 78.88 million.
El Ahli Investment and Development, Egyptian Iron & Steel, and Rowad Tourism (Al Rowad) were top gainers of the session at 7.29 percent, 4.87 percent and 4.72 percent, respectively.
Meanwhile, Rubex International for Plastic and Acrylic Manufacturing, Raya Holding for Financial Investments, and ODIN Investments were top losers of the session by 6.96 percent, 5.10 percent, and 5.06 percent, respectively.
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