EGX sees bullish trend on Wednesday
Updated 6/26/2024 3:53:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices witnessed a bullish trend on Sunday, with market capitalization reaching EGP 1.867 trillion.
The benchmark EGX30 index gained 0.87%, finishing the session at 27,500.56 points.
The small- and mid-cap EGX70 equal-weight index (EWI) added 0.51%, reaching 6,175.21 points, while the EGX100 index increased by 0.77%, ending the session at 8,958.59 points.
The Sharia-compliant index, EGX33 Shariah index, added 0.45%, closing the session at 2,722.58 points.
Trading volume amounted to 1.087 billion shares exchanged through 109,187 transactions at a turnover of EGP 5.154 billion.
Retail investors controlled 62.14% of total trading transactions, while institutional investors made up 37.85% of trading.
Egyptian traders made up 81.71% of total trading transactions, while Arab and foreign investors accounted for 8.74% and 9.55%, respectively.
Arab and foreign traders were net sellers to the tune of EGP 6.826 million and EGP 8.495 billion, respectively. Egyptian investors were net purchasers with EGP 8.502 billion.
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