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EGX ends Wednesday in green amid heavy liquidity

EGX ends Wednesday in green amid heavy liquidity
The market cap value rose by EGP 5.77 billion

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session on a positive note, supported by local and Arab purchases.

The benchmark EGX30 index rose by 2.59%, ending the session at 10,095 points.

Likewise, the small- and mid-cap EGX70 index increased by 1.26% to 1,047 points, while the broader EGX100 index grew by 1.15% to 1,066 points.

In the meantime, the EGX50 index went up by 1.76% to 1,420 points.

The market cap value rose by EGP 5.77 billion to EGP 549.12 billion.

Egyptian and Arab investors were net buyers with EGP 139.56 million and EGP 278.47 million, respectively, while foreign investors were net sellers with EGP 418.03 million.

The market’s turnover amounted to EGP 1.018 billion after 366.5 million shares were traded through about 32,080 transactions.