Cairo – Mubasher: EGX mid-week trading session saw a varied performance amidst a rise in the total market value.

The total market value added EGP 2.9 billion ($324.4 million) to level up at EGP 392.47 billion against EGP 389.58 billion registered yesterday.

The benchmark index EGX30 pared some early gains, closing, however, 0.66% higher to the mark of 7,250.92 points.

Meanwhile, the small and mid-cap fell 0.70% to 350.36 points. The broader index EGX100 dipped 0.14% to 749.58 points and the equal-weighted index EGX50 ended 0.17% down to 1,293.64 points.

With a slide ranging from 10% to 2%, Beltone Holding, Al Qalaa, SODIC, Ezz Steal, Pioneers, Palm Hills, and Juhayna ended the session in the red zone.

With a rise swinging between 4.7% and 1.7%, GTH, Elsewedy, Edita, and OTMT finished the trading session in the green area.  

Nationals and Arab investors were net sellers by EGP 17.9 million and EGP 28.7 million respectively, while foreigners were net buyers by EGP 46.6 million.   

By category, individuals tend to buy stocks at a total of EGP 46.9 million, while institutions, except the foreign ones, tend to sell their stocks.

With 153.2 million shares changing hands, market value reached EGP 504.8 million.

Out of 160 traded stocks, 76 moved down; 39 went up; and 45 ones stayed unchanged.

Yesterday, the benchmark dropped 1.83%, or 134 points, to 7,203.64 points, its lowest level since mid-March.