EGX sees bullish trend on Sunday

Updated 10/27/2024 2:49:00 PM
EGX sees bullish trend on Sunday

Arab Finance: The Egyptian Exchange’s (EGX) indices showed an upward trend on Sunday, with market capitalization hitting EGP 2.221 trillion.

The benchmark EGX30 index gained 0.85%, finishing the session at 30,812.23 points.

The small- and mid-cap EGX70 equal-weight index (EWI) added 0.74% to close at 7,923 points, while the EGX100 index increased by 0.67%, ending the session at 11,141.33 points.

The Sharia-compliant index, EGX33 Shariah index, added 0.18%, concluding the session at 3,206.1 points.

Trading volume amounted to 934.345 million shares exchanged through 108,876 transactions at a turnover of EGP 3.635 billion.

Retail investors controlled 75.22% of total trading transactions, while institutional investors made up 24.77% of trading.

Egyptian traders made up 91.73% of total trading transactions, while Arab and foreign investors accounted for 7.02% and 1.25%, respectively.

Egyptian and non-Arab foreign investors were net sellers with EGP 108.918 million and EGP 60.199 million, respectively. Arab traders were net buyers with EGP 169.117 million.

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