CAIRO - 3 April 2024: The Egyptian Exchange (EGX) ended Wednesday's session in a semi-collective regression, losing around LE 5.39 billion of the market capitalization, amid Arab selling.
The benchmark EGX30 inched up 0.01 percent, or 2.86 points, to end at 27,937.22 points.
The small and mid-cap index EGX 70 declined 0.52 percent, or 33.5 points, to close at 6,366.89 points.
The broader index EGX 100 dropped 0.39 percent, or 35.6 points, to 9,060.99 points.
Market capitalization lost around LE 5.39 billion, recording LE 1.874 trillion, compared to LE 1.879 trillion in Tuesday’s session.
The trading volume reached 399.19 million shares, traded through 70,295 transactions, with a turnover of LE 2.19 billion.
Arab investors were net sellers at LE 74 million, while Egyptian and foreign investors were net buyers at LE 20.24 million, and LE 53.76 million, respectively.
Gharbia Islamic Housing Development, Golden Textiles & Clothes Wool, and El Ahli Investment and Development were top gainers of the session at 10.04 percent, 8.62 percent, and 7.93 percent, respectively.
Meanwhile, Osool ESB Securities Brokerage, Kafr El Zayat Pesticides, and Contact Financial Holding were top losers of the session by 11.11 percent, 8.84 percent, and 7.87 percent, respectively.
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