EGX concludes Tuesday’s session in red zone

Updated 10/8/2024 2:59:00 PM
EGX concludes Tuesday’s session in red zone

Arab Finance: The Egyptian Exchange’s (EGX) indices have closed Tuesday’s trading session in the red territory, with the market capitalization at EGP 2.172 trillion.

The benchmark EGX30 index lost 3.04%, ending the session at 30,851.63 points.

The small- and mid-cap EGX70 equal-weight index (EWI) shed 2.58% to close at 7,376.32 points, while the EGX100 EWI slipped 2.81% at 10,523.86 points.

The sharia-compliant index, EGX33 Shariah index, edged down 3.69%, finishing the session at 3,154.87 points.

Today’s trading saw 918.981 billion shares exchanged over 145,732 transactions, garnering a turnover of EGP 6.125 billion.

Retail investors controlled 65.26% of total trading transactions, while institutional investors seized 34.73% of trading.

Egyptian traders constituted 84.54% of total trading transactions, while Arab and foreign investors accounted for 6.92% and 8.54%, respectively.

Arab and foreign traders were net sellers with EGP 19.397 million and EGP 234.173 million, respectively. Egyptian investors were net buyers with EGP 253.571 million.

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