EGX post mixed performance, benchmark up 0.66%
The Egyptian Exchange - YOUM7 (Archive)

CAIRO: The Egyptian Exchange (EGX) shut on a mixed note Wednesday, as the benchmark index EGX30 inched up 0.66 percent, buoyed by local and Arab institutions’ purchases.

The benchmark ended end 8,905 points, up from 8,847 points on Tuesday.

In turn, the small and mid-cap index EGX70 lost a slight 0.19 percent to end at 467.5 points, compared to 468.4 points in its last session. The broader index EGX100 was almost flat with a 0.01 percent down, registering 985.6 points.

Market capitalization gained around 1.2 billion EGP ($157.3 million,) totaling 500.2 billion EGP, up from 499 billion EGP Tuesday.

On Tuesday, Egypt’s market rebounded and the benchmark inched up 1.17 percent, powered by local institutions’ buying spree.

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