The Egyptian Exchange (EGX) ended Wednesday’s session lower across all major indices, weighed down by selling pressure from Egyptian and Arab investors.
Market capitalization of listed stocks stood at around LE 3.68 trillion by the close.
The EGX30 dropped 2.13 percent to 51,256 points, while the Sharia index declined 1.97 percent to 5,705 points. The EGX70 fell 2.4 percent to 15,206 points, and the EGX100 slid 2.55 percent to 20,911 points. The EGX35-LV index also lost 1.62 percent to 5,996.7 points.
Foreign and Arab investors were net sellers at LE 131.7 million and LE 30.4 million, respectively, while Egyptian investors were net buyers at LE 162.1 million.
Total turnover reached LE 10.77 billion across 222,310 transactions involving 4.12 billion securities.
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