EGX loses LE 15.25B of market cap. Wednesday - News Summed Up

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EGX loses LE 15.25B of market cap. Wednesday


The small and mid-cap index EGX 70 declined 3.85 percent, or 58.56 points, to close at 1,461.79 points, and the broader index EGX 100 dipped 3.73 percent, or 87.23 points to 2,254.08 points. Market capitalization lost LE 15.25 billion, recording LE 580.68 billion, compared to LE 595.93 billion in Tuesday’s session. Arab investors were net buyers at LE 61.98 million, while Egyptian and foreign investors were net sellers at LE 55.83 million, and LE 6.16 million, respectively. Arab individuals were net buyers at LE 31.22 million while Egyptian and foreign individuals were net sellers at LE 172.34 million, and LE 32.27 million, respectively. Egyptian, Arab and foreign organizations bought at LE 116.51 million, LE 30.76 million, and LE 26.11million, respectively.


Source: Egypt Today July 15, 2020 14:03 UTC



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