EGX sees upward trend on Tuesday
Updated 8/27/2024 2:56:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices witnessed a bullish trend on Tuesday, with market capitalization hitting EGP 2.075 trillion.
The benchmark EGX30 index gained 0.76%, ending the session at 30,363.15 points.
The Sharia-compliant index, EGX33 Shariah index, went up by 1.07%, closing the session at 2,884.63 points.
The small- and mid-cap EGX70 equal-weight index (EWI) added 1.04% to close the session at 7,015.97 points, while the EGX100 EWI grew by 1% at 10,042.9 points.
Today’s trading saw 1.156 billion shares exchanged over 128,273 transactions, garnering a turnover of EGP 5.808 billion.
Retail investors controlled 73.06% of total trading transactions, while institutional investors seized 26.93% of trading.
Egyptian traders constituted 86.79% of total trading transactions, while Arab and foreign investors accounted for 8.09% and 5.12%, respectively.
Foreign investors were net buyers with EGP 397.54 million. Egyptian and Arab traders were net sellers with EGP 263.49 million and EGP 134.043 million, respectively.
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