Cairo: The Egyptian Exchange (EGX) indices posted collective gains at the close of Wednesday's trading session, driven by purchases from local institutions and investment funds, alongside Egyptian and foreign investors. This upward trend occurred despite selling operations by Arab and foreign institutions, as well as Arab investors.
According to State Information Service Egypt, the market capital surged by nearly EGP 28 billion, concluding at EGP 3.865 trillion. The day's transactions totaled approximately EGP 78.8 billion, reflecting a robust trading environment.
The EGX 30 benchmark index experienced a rise of 0.5 percent, closing at 52,558.39 points. Meanwhile, the broader EGX 70 EWI index, which covers leading small and mid-cap enterprises (SMEs), saw an increase of 1.42 percent, reaching 16,790.88 points. Additionally, the all-encompassing EGX 100 index climbed by 1.2 percent, closing at 22,607.88 points.