The Egyptian Stock Exchange (EGX) indices declined at the close of trading Wednesday driven by selling operations by local, Arab & foreign institutions, investment funds and foreign individual investors, while the transactions of Arab and Egyptian individual investors tended towards buying.
The market cap of shares of companies listed on the stock exchange lost about EGP 10 billion, reaching the level of EGP 1.687 trillion, amid total transactions amounting to EGP 43.4 billion, which included transactions in the bond market and ownership transfer deals, while stock market transactions amounted to EGP 2.9 billion.
The main index of the Egyptian Stock Exchange, "EGX 30" fell by 0.95%, reaching the level of 24,837.56 points.
The index of small and medium-sized stocks "EGX 70" also declined by 0.29%, reaching the level of 5,410.02 points.
The declines included the broader "EGX 100" index, which declined by about 0.47% to reach the level of 7835.66 points.
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