Home StocksEGX EGX Main Index Dives Below 5000 Pts; Closing Wednesday

EGX Main Index Dives Below 5000 Pts; Closing Wednesday

by Yomna Yasser

On Wednesday’s closing session, the EGX lost EGP 2.4 billion as the capital market has amounted to EGP 252.310 billion.

The main index, EGX30 sank 0.99% to close at 4955.31 p. EGX20 inched lower 1.15% to close at 5736.62 p.

Meanwhile, the mid- and small-cap index, the EGX70 sagged 0.54% to close at 426.36 p. Price index EGX100 went down 0.53% to close at 778.03 p.

Traded volume reached 71.235 million securities worth EGP 330.818 million, exchanged through 16.808 thousand transactions.

This was after trading in 164 listed securities; 119 declined and 31 advanced while 14 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 74.18% and 3.41% respectively, of the total markets, with a net equity of EGP 27.839 million and EGP 2.427 million, excluding the deals.

On the other hand, non-Arab Foreigners were net sellers seizing 22.42%, with a net equity of EGP 30.267 million, excluding the deals.

EGX’s downwards led by EFG-Hermes Holding (HRHO) which dived 1.14% to close EGP 12.09.

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