Home StocksEGX Egypt’s stocks end lower on Wednesday, benchmark EGX 30 tumbles 0.90%

Egypt’s stocks end lower on Wednesday, benchmark EGX 30 tumbles 0.90%

by Amwal Al Ghad English
Egypt’s stock exchange (EGX)

Egypt’s stock exchange’s (EGX) indexes closed lower on Wednesday, with the benchmark EGX 30 index tumbling 0.90 percent to 11,235 points driven by local and Arab investors’ selloff.

The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) fell 0.96 percent to 2,197 points, while the fixed-weighted index, EGX 30 Capped dropped 0.73 percent to 13,734 points. The all-embracing index, EGX 100 went down 0.84 percent to 3,204 points. Meanwhile, the equal weights index, EGX 50 decreased 0.93 percent to 2,240 points.

Market Cap   

Total market capitalisation has on Wednesday incurred losses worth 4.2 billion Egyptian pounds ($267 million), ending the trading at 687.159 billion pounds.

Trading Aggregates            

Trading value has approximately reached 5.8 billion pounds, while the trading volume has almost recorded 835.711 million securities executed 43,013 transactions.

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