EGX ends in red, market capitalization loses LE 3B



Wed, 06 Sep 2017 - 12:58 GMT


Wed, 06 Sep 2017 - 12:58 GMT

Egyptian Exchange- File Photo

Egyptian Exchange- File Photo

CAIRO – 6 September 2017: The Egyptian Exchange (EGX) saw a negative performance at the end of Wednesday’s session, hurt by local and Arab sales.

The benchmark index EGX30 fell 0.72 percent to close at 13,318 points.

The small and mid-cap index EGX70 went down 0.63 percent to end at 687 points. The broader index EGX100 index also inched down 0.42 percent to close at 1,557 points.

Market capitalization lost LE 3.2 billion to reach LE 701.6 billion compared to LE 704.83 billion last session.

Turnover stood at LE 765.89 million, while the market saw the trading of 370 million shares on Wednesday.

Local and Arab investors were net sellers with a total of LE 2.16 million and LE 5.17 million, respectively, while foreign traders sold for LE 7.3 million.

The Financial Services, excluding banks, led sectors in terms of traded values with LE 147.96 million, while the Real Estate topped in terms of traded volume with 145.66 million shares.

Mohandes Insurance topped gainers and hiked 8.87 percent, while Misr Oils & Soap led the worst performers and dropped 9.7 percent.



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