EGX ends Wednesday’s session in red zone

Updated 5/8/2024 3:38:00 PM
EGX ends Wednesday’s session in red zone

Arab Finance: The Egyptian Exchange’s (EGX) indices have closed Wednesday’s trading session in the red territory, with market capitalization at EGP 1.759 trillion.

The benchmark EGX30 index edged down 1.67%, finishing the session at 25,988.93 points.

The small- and mid-cap EGX70 equal-weight index (EWI) lost 1.86% to end the session at 5,750.71 points, while the EGX100 EWI declined by 1.81%, closing at 8,252.02 points.

Today’s trading saw 717.338 million shares exchanged over 104,452 transactions, with a turnover of EGP 4.339 billion.

Retail investors controlled 63.43% of total trading transactions, while institutional investors seized 36.56% of trading.

Egyptian traders constituted 80.16% of total trading transactions, while Arab and foreign investors accounted for 6.8% and 13.04%, respectively.

Egyptian investors were net buyers with EGP 58.493 million. Arab and non-Arab foreigners were net sellers with EGP 326.038 million and EGP 267.545 million, respectively.

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