CAIRO - 19 November 2024: The Egyptian Exchange (EGX) showed mixed performance during Wednesday’s session, losing around LE 2.92 billion of market capitalization, amid Arab and foreign selling.
The benchmark EGX30 declined 0.33 percent, or 100.31 points, closing at 30,587.99 points.
The broader index, EGX 100, dipped 0.09 percent, or 9.89 points, ending at 11,459.08 points.
On the other hand, the small and mid-cap index EGX 70 inched up by 0.02 percent, or 1.49 points, to finish at 8,283.85 points.
Market capitalization lost around LE 2.92 billion, reaching LE 2.238 trillion compared to LE 2.241 trillion in the previous session.
Trading volume totaled 1.27 billion shares across 94,064 transactions, with a turnover of LE 2.9 billion.
Egyptian investors were net buyers at LE 105.86 million, while Arab and foreign investors were net sellers at LE 99.57 million and LE 6.28 million, respectively.
El-Nile Co.for Pharmaceuticals and Chemical Industries–Nile1, El-Nile Co. for Pharmaceuticals And Chemical Industries, and Arab Moltaka Investments Co were the top gainers of the session, each rising by 16.79 percent, 12.02 percent, and 7.06 percent, respectively.
On the other hand, Reacap Financial Investments, Faisal Islamic Bank of Egypt - In EGP , and Rakta Paper Manufacturing, were the top losers, declining by 6.81 percent, 6.66 percent, and 4.85 percent, respectively.
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