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EGX ends Wednesday in green amid heavy liquidity

EGX ends Wednesday in green amid heavy liquidity
The market cap value gained EGP 3 billion

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

The benchmark EGX30 index increased by 0.83%, ending at 10,424 points.

In the meantime, the small- and mid-cap EGX70 EWI rose by 0.51% to 1,198 points, while the broader EGX100 EWI climbed by 0.62% to 1,930 points.

Likewise, the equal-weighted EGX50 index advanced by 1.1% to 1,564 points.

The market cap value gained EGP 3 billion to close at EGP 558.62 billion on Wednesday

Egyptian and Arab investors were net buyers with EGP 232.8 million and EGP 13.8 million, respectively, while foreign investors were net sellers with EGP 246.7 million.

The market’s turnover amounted to EGP 1.147 billion after 378.28 million shares were exchanged through about 35,360 transactions.