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EGX ends Wednesday in green; market cap rises EGP 2bn

EGX ends Wednesday in green; market cap rises EGP 2bn
The market’s turnover amounted to EGP 1.74 billion

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

The benchmark EGX30 index rose by 0.43% to end the session at 11,388 points, while the small- and mid-cap EGX70 EWI climbed by 1.09% to 2,227 points.

Likewise, the EGX100 EWI advanced by 0.96% to 3,225 points, whereas the EGX50 EWI increased by 0.63% to 2,310 points.

The market cap value grew by EGP 2.02 billion to close at EGP 674.324 billion.

Foreign investors were net buyers with EGP 65.38 million, while local and Arab investors were net sellers with EGP 51.23 million and EGP 14.15 million, respectively.

The market’s turnover amounted to EGP 1.74 billion after 617.99 million shares were exchanged through around 51,760 transactions.