EGX sees bearish trend on Thursday

Updated 10/10/2024 2:41:00 PM
EGX sees bearish trend on Thursday

Arab Finance: The Egyptian Exchange’s (EGX) indices closed Thursday’s trading session in the red zone, with market capitalization at EGP 2.189 billion.

The benchmark EGX30 index lost 1.33%, to close at 30,762.32 points.

The small- and mid-cap EGX70 equal-weight index (EWI) edged down by 0.47% at 7,468.76 points, while the EGX100 index shed 0.55%, ending the session at 10,642.21 points.

The Sharia-compliant index, EGX33 Shariah index, dropped by 0.19%, closing the session at 3,209.23 points.

Today’s trading saw 736.20 billion shares exchanged over 129,015 transactions, generating a turnover of EGP 5.356 billion.

Retail investors seized 74.58% of total trading transactions, while institutional investors made up 25.41% of trading.

Egyptian traders constituted 86.34% of total trading transactions, while Arab and foreign investors accounted for 5.07% and 8.6%, respectively.

Egyptian and Arab traders were net buyers with EGP 142.769 million and EGP 142.322 million, respectively. Foreign investors were net sellers with EGP 285.092 million.

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