EGX concludes Wednesday’s session in red zone

Updated 10/2/2024 3:40:00 PM
EGX concludes 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 the market capitalization at EGP 2.172 trillion.

The benchmark EGX30 index lost 1.67%, ending the session at 31,332.73 points.

The small- and mid-cap EGX70 equal-weight index (EWI) shed 2.24% to close at 7,445.04 points, while the EGX100 EWI slipped 2.04% at 10,612.36 points.

The sharia-compliant index, EGX33 Shariah index, edged down 0.89%, finishing the session at 3,122.25 points.

Today’s trading saw 1.058 billion shares exchanged over 137,513 transactions, garnering a turnover of EGP 4.433 billion.

Retail investors controlled 75.94% of total trading transactions, while institutional investors seized 24.05% of trading.

Egyptian traders constituted 91.63% of total trading transactions, while Arab and foreign investors accounted for 4.45% and 3.91%, respectively.

Egyptian and foreign traders were net buyers with EGP 55.159 million and EGP 37.485 million, respectively. Arab investors were net sellers with EGP 92.645 million.

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