EGX ends Wednesday in red, market cap. loses LE 5.69B

EGX ends Wednesday in red, market cap. loses LE 5.69B

FILE- Employees in the EGX following performance of the trading session







CAIRO – 31 March 2021: The Egyptian Exchange (EGX) ended Wednesday's session in red, losing LE 5.69 billion of market capitalization, amid foreign selling.

 

The benchmark EGX30 dropped 1.60 percent, or 171.32 points, to end at 10,568.37 points.

 

The equally weighted index EGX 50 declined 0.94 percent, or 19.34 points, to end at 2,034.16 points.

 

The small and mid-cap index EGX 70 decreased 0.94 percent, or 18.76 points, to close at 1,969.08 points, and the broader index EGX 100 lessened 1.02 percent, or 29.98 points, to close at 2,910.53 points.

 

Market capitalization lost around LE 5.69 billion, recording LE 649.89 billion, compared to LE 655.58 billion in Tuesday's session.

 

The trading volume reached 584.44 billion shares, traded through 38,626 transactions, with a turnover of LE 1.21 billion.

 

Foreign investors were net sellers at LE 144.98 million, while Egyptian and Arab