CAIRO - 27 September 2023: The Egyptian Exchange (EGX) ended Wednesday’s session in the red zone, losing around LE 8.42 billion of the market capitalization, amid Arab and foreign selling.
The benchmark EGX30 declined 0.89 percent, or 180.58 points, to end at 20,174.28 points.
The small and mid-cap index EGX 70 declined 0.28 percent, or 10.57 points, to close at 3,785.08 points.
The broader index EGX 100 decreased 0.44 percent, or 24.71 points, to 5,643.2 points.
Market capitalization lost around LE 8.42 billion, recording LE 1.373 trillion, compared to LE 1.381 trillion in Tuesday’s session.
The trading volume reached 681.47 million shares, traded through 84,931 transactions, with a turnover of LE 10.83 billion.
Egyptian investors were net buyers at LE 26.05 million, while Arab and foreign investors were net sellers at LE 20.82 million, and LE 5.23 million, respectively.
Samad Misr -EGYFERT, The Egyptian Modern Education Systems, and Kafr El Zayat Pesticides were top gainers of the session at 19.99 percent, 13.47 percent and 5.39 percent, respectively.
Meanwhile, El Ahram Co. for Printing and Packing, Copper for Commercial Investment & Real Estate Development, and Tanmiya for Real Estate Investment were top losers of the session by 4.34 percent, 4.29 percent, and 4.11 percent, respectively.