Business

Stock exchange sees capital market losses worth LE4.3 billion

The Egyptian Stock Exchange’s EGX30 index fell 1.61 percent, or 5.17 points, on Wednesday as unrest continues to plague the country.

The EGX70, which tracks the performance of small and medium-sized firms, also saw losses of 1.56 percent or 456 points, and the EGX100 dropped 1.58 percent, or 765 points.
 
Over 108.8 million shares worth LE 310.1 million were traded overall during the session. According to the exchange, Egyptian investors purchased LE46.9 million worth of shares, while Arab traders bought LE8.6 million in stocks. 
 
Foreign traders sold around LE55.6 million worth of shares.
 
The capital market value was worth LE365.7 billion, versus LE370 billion the day before, after recording a total loss of LE4.3 billion.
 
Edited translation from Al-Masry Al-Youm

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