EGX sees bullish trend on Tuesday
Updated 5/7/2024 3:00:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices witnessed a bullish trend on Tuesday, with market capitalization reaching EGP 1.781 trillion.
The benchmark EGX30 index gained 1.21%, finishing the session at 26,429.69 points.
The small- and mid-cap EGX70 equal-weight index (EWI) added 1.09%, reaching 5,859.87 points, while the EGX100 index increased by 1%, ending the session at 8,404.95 points.
Trading volume amounted to 568.086 million shares exchanged through 92,145 transactions at a turnover of EGP 2.862 billion.
Retail investors controlled 70.95% of total trading transactions, while institutional investors made up 29.04% of trading.
Egyptian traders made up 85.86% of total trading transactions, while Arab and foreign investors accounted for 4.71% and 9.42%, respectively.
Egyptian and Arab traders were net sellers to the tune of EGP 54.142 million and EGP 8.130 million, respectively. Foreign investors were net buyers with EGP 62.272 million.
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