EGX shows negative performance on Monday

Updated 12/23/2024 3:31:00 PM
EGX shows negative performance on Monday

Arab Finance: The Egyptian Exchange (EGX) closed Monday’s trading session in the red zone after the EGX30 index retreated by 0.84% to 3,0118.38 points.

Likewise, the Sharia-compliant index, EGX33 Shariah index, declined by 0.94% to 3,094.34 points.

Both the small- and mid-cap EGX70 equal-weight index (EWI) and EGX100 index also ended the session lower by 2.67% at 8,227.2 points and by 2.25% at 11,298.43 points, respectively.

EGX’s turnover reached EGP 3.12 billion through the exchange of 1.35 billion shares over 89,145 transactions, while the market capitalization hit EGP 2.19 trillion.

The institutions represented 30.54% of the total trading, whereas retail investors equaled 69.45% of trading.

Egyptian investors made up 83.89% of the trading transactions, while foreign and Arab traders accounted for 11.65% and 4.46% of the trading transactions, respectively.

Foreign traders were buyers with EGP 108.73 million. Arab and Egyptian investors were sellers with EGP 77.16 million and EGP 31.56 million, respectively.

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