EGX notches 3rd consecutive session of losses
Updated 3/28/2024 1:51:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices have closed Thursday in the red zone for the third session in a row.
Market capitalization concluded the session at nearly EGP 1.859 trillion.
The benchmark EGX30 index lost 2.36%, concluding the session at 27,559.35 points.
The small- and mid-cap EGX70 equal-weight index (EWI) shed 1.8% to end at 6,399.02 points, while the EGX100 EWI declined by 1.96% at 9,079.26 points.
Today’s trading saw 523.057 million shares exchanged over 80,948 transactions, with a turnover of EGP 2.652 billion.
Retail investors controlled 64.27% of total trading transactions, while institutional investors seized 35.72% of trading.
Egyptian traders constituted 80.79% of total trading transactions, while Arab and foreign investors accounted for 10.62% and 8.59%, respectively.
Egyptian and non-Arab investors were net purchasers with EGP 167.126 million and EGP 70.501 million, respectively. Arab traders were net sellers with EGP 237.626 million.
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