EGX sees upward trend on Thursday

Updated 8/29/2024 3:01:00 PM
EGX sees upward trend on Thursday

Arab Finance: The Egyptian Exchange’s (EGX) indices witnessed a bullish trend on Thursday, with market capitalization hitting EGP 2.103 trillion.

The benchmark EGX30 index gained 0.21%, ending the session at 30,774.19 points.

The Sharia-compliant index, EGX33 Shariah index, went up by 0.14%, closing the session at 29,16.61 points.

The small- and mid-cap EGX70 equal-weight index (EWI) added 0.05% to close the session at 7,076.3 points, while the EGX100 EWI grew by 0.14% at 10,148.81 points.

Today’s trading saw 1.120 billion shares exchanged over 130,549 transactions, garnering a turnover of EGP 6.563 billion.

Retail investors controlled 61.42% of total trading transactions, while institutional investors seized 38.57% of trading.

Egyptian traders constituted 74.95% of total trading transactions, while Arab and foreign investors accounted for 6.32% and 18.73%, respectively.

Foreign investors were net purchasers with EGP 568.925 million. Egyptian and Arab traders were net sellers with EGP 279.933 million and EGP 288.991 million, respectively.

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