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Egypt’s market loses LE1.2 billion on Wednesday, EGX30 down 0.25%

Egypt's stock market closed in the red zone for the fifth session in a row, as the benchmark EGX30 index on Wednesday inched down by 0.25 percent, recording 8,639.43 points and a turnover of LE474.8 million, the Egyptian Exchange data showed.
 
Meanwhile, the small and mid-cap EGX70 index and the broader EGX100 index declined by 0.6 percent and 0.71 percent, respectively.
 
Local and foreign institutions were net sellers, recording net flows of LE14.8 million and LE22.6 million, respectively, while Arab institutions were net buyers, recording net flows of LE25.5 million.
 
The EGX market capital lost LE1.19 billion (US$156.6 million), hitting LE490.89 billion, compared to LE492.08 billion on Tuesday.
 

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