EGX sees bullish trend on Monday

Updated 11/11/2024 2:55:00 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 2.276 trillion.

The benchmark EGX30 index gained 0.72%, finishing the session at 31,621.29 points.

The small- and mid-cap EGX70 equal-weight index (EWI) added 0.20% to close at 8,380.12 points, while the EGX100 index increased by 0.34%, ending the session at 11,668.11 points.

The Sharia-compliant index, EGX33 Shariah index, added 0.40%, concluding the session at 3,279.07 points.

Trading volume amounted to 1.954 billion shares exchanged through 126,212 transactions at a turnover of EGP 5.467 billion.

Retail investors controlled 61.55% of total trading transactions, while institutional investors made up 38.44% of trading.

Egyptian traders made up 73.56% of total trading transactions, while Arab and foreign investors accounted for 20.78% and 5.65%, respectively.

Arab and non-Arab foreign investors were net sellers with EGP 31.755 million and EGP 50.451 million, respectively. Egyptian traders were net buyers with EGP 82.206 million.

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