EGX sees bullish trend on Wednesday
Updated 5/1/2024 3:15:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices witnessed a bullish trend on Wednesday, with market capitalization reaching EGP 1.718 trillion.
The benchmark EGX30 index gained 3.36%, finishing the session at 25,270.55 points.
The small- and mid-cap EGX70 equal-weight index (EWI) added 1.74%, reaching 5,670.65 points, while the EGX100 index increased by 2.25%, ending the session at 8,117.48 points.
Trading volume amounted to 542.645 billion shares exchanged through 90,346 transactions at a turnover of EGP 2.420 billion.
Retail investors controlled 73.89% of total trading transactions, while institutional investors made up 26.1% of trading.
Egyptian traders made up 85.08% of total trading transactions, while Arab and foreign investors accounted for 7.49% and 7.43%, respectively.
Arab and foreign traders were net sellers to the tune of EGP 26.342 million and EGP 91.234 million, respectively. Egyptian investors were net buyers with EGP 91.234 million.
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