EGX sees bullish trend on Monday

Updated 10/14/2024 3:37:00 PM
EGX sees bullish trend on Monday

Arab Finance: The Egyptian Exchange’s (EGX) indices showed an upward trend on Monday, with market capitalization hitting EGP 2.159 trillion.

The benchmark EGX30 index gained 1.06%, finishing the session at 30,273.06 points.

The small- and mid-cap EGX70 equal-weight index (EWI) added 0.23% to close at 7,345.94 points, while the EGX100 index increased by 0.49%, ending the session at 10,450.12 points.

The Sharia-compliant index, EGX33 Shariah index, added 0.87%, concluding the session at 3,132.9 points.

Trading volume amounted to 623.395 million shares exchanged through 112,013 transactions at a turnover of EGP 3.722 billion.

Retail investors controlled 74.07% of total trading transactions, while institutional investors made up 25.92% of trading.

Egyptian traders made up 93.25% of total trading transactions, while Arab and foreign investors accounted for 2.52% and 4.23%, respectively.

Arab and non-Arab foreign investors were net purchasers with EGP 19.284 million and EGP 131.608 million, respectively. Egyptian traders were net sellers with EGP 150.893 million.

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