EGX sees downward trend on Monday
Updated 4/22/2024 3:00:00 PM
Arab Finance: The Egyptian Exchange (EGX) has ended Monday’s trading session in the red zone as all the main indices saw a bearish trend.
Market capitalization closed the session at EGP 1.904 trillion.
The benchmark EGX30 index shed 1.67%, recording 28,144.22 points.
The small- and mid-cap EGX70 equal-weight index (EWI) lost 1.08% to end the session at 6,544.86 points, while the EGX100 EWI declined by 1.31%, notching 9,284.17 points.
Today’s trading saw 764.489 million shares exchanged over 78,609 transactions, with a turnover of EGP 3.024 billion.
As for investors’ trading activity, retail investors controlled 67.93% of total trading transactions, while institutional investors made up 32.06% of trading.
Egyptian traders constituted 79.86% of total trading transactions, while Arab and foreign investors accounted for 3.92% and 16.22%, respectively.
During the session, Egyptian traders were net buyers with EGP 41.936 million. Arab and non-Arab investors were net sellers with EGP 82,792 and EGP 41.853 million, respectively.
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