EGX closes Wednesday with mixed performance as benchmark slips

Wednesday trading saw 899.86 million shares exchanged with a turnover of EGP 5.19 billion

By: Business Today Egypt

Wed, Oct. 16, 2024

The Egyptian Exchange (EGX) ended its Wednesday session on a mixed note, losing around EGP 6 billion in market cap.

Benchmark index EGX 30 was down 0.13% to 30,545.11 points, followed by the Shariah index which slipped into the red by 0.02% to close at 3,185.59 points.

EGX 70 surged by 1.58% to end the session at 7,688.98 points, with EGX 100 up by 1.34% to end the session at 10,856.48 points.

Wednesday trading saw 899.86 million shares exchanged with a turnover of EGP 5.19 billion.

Market capitalization was recorded at EGP 2.176 trillion, compared to yesterday’s EGP 2.182 trillion.

Trading on securities reported Egyptian and Arab investors as net buyers with EGP 195.72 million and EGP 58.72 million, respectively. Foreign traders were net sellers with EGP 254.44 million.