Egypt's market closed in the red zone during Wednesday's session, as the benchmark EGX30 Index went down 0.58 percent reaching 8,826.45 points, and a turnover of LE558 million, the Egyptian Exchange data showed.
Meanwhile, the small and mid-cap index EGX70 and the broader EGX100 index declined by 0.38 percent and 0.26 percent, respectively.
Foreign and Arab institutions were net sellers, recording net flows of LE27.7 million and LE16.43 million, respectively, while local institutions were net buyers, recording net flows of LE25.73 million.
The EGX market capital lost LE2.35 billion (US$309 million) to hit LE500.39 billion, compared to LE502.74 billion on Tuesday.