EGX concludes Wednesday’s session in red zone

Updated 11/13/2024 2:50:00 PM
EGX concludes Wednesday’s session in red zone

Arab Finance: The Egyptian Exchange’s (EGX) indices have closed Wednesday’s trading session in the red territory, with the market capitalization at EGP 2.271 trillion.

The benchmark EGX30 index lost 0.47%, ending the session at 31,433.01 points.

The small- and mid-cap EGX70 equal-weight index (EWI) shed 0.30% to close at 8,326.58 points, while the EGX100 EWI slipped 0.49% at 11,581.56 points.

The sharia-compliant index, EGX33 Shariah index, edged down 1.16%, finishing the session at 3,233.06 points.

Today’s trading saw 1.330 billion shares exchanged over 107,764 transactions, garnering a turnover of EGP 4.802 billion.

Retail investors controlled 62.77% of total trading transactions, while institutional investors seized 37.22% of trading.

Egyptian traders constituted 71.43% of total trading transactions, while Arab and foreign investors accounted for 23.33% and 5.24%, respectively.

Egyptian and Arab traders were net sellers with EGP 138.129 million and EGP 23.807 million, respectively. Foreign investors were net buyers with EGP 161.936 million.

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