The Egyptian stock exchange rebounded on Wednesday backed by the local and Arab institution buying activities.
The benchmark index EGX30 rose by 0.18 percent to 8,893.97 points on a low turnover of LE490 million.
Meanwhile, the broader EGX70 index added 0.40 percent to 600.14 points, up from 597.73 points the previous day.
Moreover the local and Arab institution buying activities recorded a net flow of LE34.12 million and LE16.31 million respectively, while foreign institutions were net sellers at LE14.56 million, stock market data showed..
In spite of the slight rise of EGX30, the market capitalization losses were recorded at LE800 million, closing at LE498,9 billion compared to LE499.1 billion on Tuesday.
