CAIRO – 18 January 2023: The Egyptian Exchange (EGX) ended Wednesday’s session on a mixed note, losing around LE 2.99 billion of the market capitalization, amid Arab and foreign selling.
The benchmark EGX30 inched up 0.03 percent, or 5.27 points, to end at 15,987.15 points.
The small and mid-cap index EGX 70 rose 0.42 percent, or 12.53 points, to close at 2,974.92 points.
The equally weighted index EGX 50 dropped 0.96 percent, or 27.22 points, to end at 2,821.35 points, and the broader index EGX 100 dipped 0.07 percent, or 2.92 points, at 4,428.96 points.
Market capitalization lost around LE 2.99 billion, recording LE 1.049 trillion, compared to LE 1.052 trillion in Tuesday’s session.
The trading volume reached 945.99 million shares, traded through 101,102 transactions, with a turnover of LE 3.47 billion.
Egyptian investors were net buyers at LE 7.26 million, while Arab and foreign investors were net sellers at LE 4.25 million, and LE 3.01 million, respectively.
Egyptian and Arab individuals were net sellers at LE 54.28 million, and LE 53.65 million, respectively, while foreign individuals were net buyers at LE 1.07 million.
Egyptian, and Arab organizations bought at LE 61.54 million, and LE 49.4 million, respectively, while foreign organizations sold at LE 4.08 million.
Ismailia Misr Pourtly, El Shams Housing & Urbanization, and Ismailia National Food Industries were top gainers of the session at 16.92 percent, 14.97 percent and 11.54 percent, respectively.
Meanwhile, Egyptian Media Production City, Egyptian Financial & Industrial, and Abu Dhabi Islamic Bank- Egypt were top losers of the session by 7.70 percent, 6.65 percent, and 6.59 percent, respectively.
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