The Egyptian Exchange Indices Close Wednesday Mixed

Arab Finance: The Egyptian Exchange (EGX) showed a varied performance on Wednesday, with the EGX30 rising by 0.03% to 52,500.47 points.

The Shariah index dropped by 0.32% to 6,310.94 points, while the EGX35-LV fell by 0.51 % to 6,104.75 points.

Both the EGX70 index and the EGX100 index ended the session lower by 0.26% at 18,447.21 points and by 0.15% to 24,459.9 points, respectively.

EGX’s turnover amounted to EGP 11.792 billion after trading 2.821 billion shares over 319,384 transactions, while the market cap hit EGP 4.176 trillion.

Individuals dominated 81.64% of trading, while institutions accounted for 18.35%. Egyptians controlled 89.46% of transactions, while foreign and Arab investors represented 7.22% and 3.32%, respectively.

Egyptian and foreign traders were net buyers with EGP 110.869 million and EGP 30.689 million, respectively. Arabs were sellers with EGP 141.558 million.