Indices fell Egyptian Stock Exchange Collectively at the end of Wednesday’s trading session, it was affected by the recording of foreign and Arab investors’ transactions with net sales amounting to 102 million pounds and 52 million pounds, respectively, while the transactions of Egyptian investors recorded net purchases of 154 million pounds.
The “EGX 30” index fell by 1.34%, closing at 49,700 points. The “EGX 70 Equal Weights” index also declined by 0.61% to 12,855 points, while the “EGX 100 Equal Weights” index also decreased by 0.61%, closing at 17,818 points.
How much market capitalization did you lose?
The market capitalization incurred losses of about 26 billion pounds, reaching 3.272 trillion pounds, compared to its close in Tuesday’s session at 3.298 trillion pounds, and the value of trades during the session recorded about 7.6 billion pounds.
At the level of trading structure, Egyptian trading dominated the session by 82.32%, followed by foreign trading by 10.40%, and Arab trading by 7.28%.
Regarding stock performance, the prices of 54 stocks rose, while 144 stocks declined, while the prices of 21 stocks remained unchanged.
Today, the Egyptian Stock Exchange announced the suspension of trading on seven securities for 10 minutes each, after they exceeded the maximum permitted percentages of rise, in accordance with the trading rules in force in the market.
The list of suspended shares included “International Business Corporation for Trade and Commercial Agencies” after exceeding 5%, “Grand Investment Holding for Financial Investments” by 10%, and “International Fertilizers and Chemicals” by 10%.
It was also decided to stop the share of “Utopia Real Estate and Tourism Investment” after it rose by 5%, as it was stopped twice in a row during the session, in addition to the share of “Vrtika for Industry and Trade” by 5%, and the share of “Gourmet Egypt.com Food” after exceeding 10%.
