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Egypt’s market gains LE2.9 billion on Wednesday, EGX30 rises 0.63%

Egypt's market recovered during Wednesday's session, with the benchmark index EGX30 increasing by 0.63 percent to record 8,629.49 points, but the turnouver was still low at LE389 million, according to the data from the Egyptian Exchange.
 
The broader EGX70 index rose by 0.42 percent, while the EGX100 index decreased by 0.02 percent.
 
Foreign and local institutions were net buyers recording net flows of LE7.92 million and LE5.8 million respectively, while Arab institutions were net buyers recording net flows of LE6.03 million.
 
The EGX market capital gained LE2.86 billion (US$376 million), to hit LE503.84 billion, compared to LE500.98 billion on Tuesday.

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