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Egypt’s market gains LE2.3 bn on Wednesday, EGX30 rises 1.3%

Egypt's stock market closed on the green zone for a fourth straight session, as the benchmark EGX30 index on Wednesday rose 1.27 percent to 7,266.42points, with a turnover of LE365 million, the Egyptian Exchange data showed.

The small and mid-cap EGX70 index and the broader EGX100 index increased 0.86 percent and 1.2 percent, respectively.

Foreign and Arab institutions were net buyers recording net flows of LE2 million and LE468,874 respectively, while locl institutions were net sellers recording net flows of LE3.5 million.

The EGX market gained LE2.33 billion (US$274 million), hitting LE447.07 billion, compared to Tuesday's LE444.74 billion.

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