CAIRO – 3 May 2023: The Egyptian Exchange (EGX) ended Wednesday's session on a mixed note, losing around LE 1.05 billion of the market capitalization, amid Egyptian and foreign selling.
The benchmark EGX30 inched down 0.03 percent, or 5.29 points, to end at 17,295.27 points.
The small and mid-cap index EGX 70 decreased 0.15 percent, or 4.54 points, to close at 2,978.4 points, and the broader index EGX 100 declined 0.08 percent, or 3.49 points, at 4,521.82 points.
On the other hand, the equally weighted index EGX 50 rose 0.10 percent, or 2.96 points, to end at 3,054.75 points.
Market capitalization lost around LE 1.05 billion, recording LE 1.116 trillion, compared to LE 1.117 trillion in Tuesday’s session.
The trading volume reached 455.18 million shares, traded through 60,544 transactions, with a turnover of LE 1.68 billion.
Arab investors were net buyers at LE 143.11 million, while Egyptian and foreign investors were net sellers at LE 110.55 million, and LE 32.56 million, respectively.
Ibnsina Pharma, Arabia Investments Holding, and Obour Land for Food Industries were top gainers of the session at 6.37 percent, 5.9 percent and 5.57 percent, respectively.
Meanwhile, Extracted Oils, Paint & Chemicals Industries (Pachin), and Osool ESB Securities Brokerage were top losers of the session by 4.63 percent, 4.56 percent, and 3.42 percent, respectively.
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