EGX sees bullish trend on Thursday

Updated 2/22/2024 3:12:00 PM
EGX sees bullish trend on Thursday

Arab Finance: The Egyptian Exchange’s (EGX) indices witnessed a bullish trend on Thursday, with market capitalization reaching EGP 2.092 trillion.

The benchmark EGX30 index gained 0.06%, finishing the session at 29,309.73 points.

The small- and mid-cap EGX70 equal-weight index (EWI) added 1.42%, reaching 7,854.63 points, while the EGX100 index increased by 0.88%, ending the session at 10,815.44 points.

Trading volume amounted to 1.646 billion shares exchanged through 186,772 transactions at a turnover of EGP 5.602 billion.

Retail investors controlled 82.57% of total trading transactions, while institutional investors made up 17.42% of trading.

Egyptian traders made up 93.02% of total trading transactions, while Arab and foreign investors accounted for 3.66% and 3.32%, respectively.

Arab and foreign traders were net sellers to the tune of EGP 12.78 million and EGP 47.43 million, respectively. Egyptian investors were net buyers with EGP 60.22 million.

 

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