EGX ends session on a mixed note, losing LE 6B in market cap

Cairo – October 16, 2024: The Egyptian Exchange (EGX) ended its Wednesday session on a mixed note, losing around LE 6 billion in market cap.

Benchmark index EGX 30 was down 0.13 percent to 30,545.11 points, followed by the Shariah index which slipped into the red by 0.02 percent to close at 3,185.59 points.

EGX 70 surged by 1.58 percent to end the session at 7,688.98 points, with EGX 100 up by 1.34 percent to end the session at 10,856.48 points.

Wednesday trading saw 899.86 million shares exchanged with a turnover of LE 5.19 billion.

Market capitalization was recorded at LE 2.176 trillion, compared to yesterday’s LE 2.182 trillion.

Trading on securities reported Egyptian and Arab investors as net buyers with LE 195.72 million and LE 58.72 million, respectively. Foreign traders were net sellers with LE 254.44 million.