EGX sees bearish trend on Tuesday
Updated 11/12/2024 2:52:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices closed Tuesday’s trading session in the red zone, with market capitalization at EGP 2.278 billion.
The benchmark EGX30 index lost 0.12%, to close at 31,582.39 points.
The small- and mid-cap EGX70 equal-weight index (EWI) edged down by 0.34% at 8,351.9 points, while the EGX100 index shed 0.25%, ending the session at 11,638.54 points.
The Sharia-compliant index, EGX33 Shariah index, dropped by 0.25%, closing the session at 3.270.86 points.
Today’s trading saw 1.938 billion shares exchanged over 118,821 transactions, generating a turnover of EGP 4.524 billion.
Retail investors seized 75.63% of total trading transactions, while institutional investors made up 24.36% of trading.
Egyptian traders constituted 86.98% of total trading transactions, while Arab and foreign investors accounted for 6.18% and 6.85%, respectively.
Egyptian and Arab traders were net sellers with EGP 123.924 million and EGP 2.130 million, respectively. Foreign investors were net buyers with EGP 126.054 million.
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