EGX dips at close, benchmark loses 0.35%
The Egyptian Exchange - YOUM7 (Archive)

CAIRO: The Egyptian Exchange (EGX) pulled back at the close of Wednesday’s session, hurt by selling pressures led by local retailers and Arab institutions.

The benchmark index EGX30 fell by 0.35 percent to hit 8,896 points at close, down from 8,927 points Tuesday.

Meanwhile, the small and mid-cap index EGX70 recorded a 1.12 slide from 496.4 points to 490.8 points. The broader index EGX100 declined by 0.78 percent as well, ending at 1,005 points.

Market capitalization lost around 1.2 billion EGP ($157.3 million,) totaling 510.7 billion EGP, down from 511.9 billion EGP Tuesday.

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