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Egypt’s market gains LE3.9 billion on Wednesday, EGX30 rises 1.1%

Egypt's market improved Wednesday’s session pushed by foreign and Arab institutions buying appetites that recorded net flows of LE57.16 million and LE9.96million respectively, according to Sigma Securities Brokerage.

The EGX30 Index gained 1.10 percent  to record 9,537.23 points on a weak turnover of LE505 million.

Meanwhile, the EGX70 index and the EGX100 rose by 1. 36 percent,  and 1.22 percent respectively.

Egyptian retail investors were net buyers recording a net flow of LE17.34 million, while local institutions closed as net sellers recording a net flow of LE84.17 million.

EGX market capital gained LE3.87 billion( US$507 million) to hit LE521.03 billion compared to LE 517.16 billion on Tuesday's session.

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