EGX sees bearish trend on Monday
Updated 11/18/2024 3:00:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices closed Monday’s trading session in the red zone, with market capitalization at EGP 2.251 billion.
The benchmark EGX30 index lost 1.24%, to close at 30,864.34 points.
The small- and mid-cap EGX70 equal-weight index (EWI) was down by 1.20% at 8,303.03 points, while the EGX100 index shed 1.22%, ending the session at 11,503.18 points.
The Sharia-compliant index, EGX33 Shariah index, dropped by 1.40%, closing the session at 3,172.21 points.
Today’s trading saw 1.015 billion shares exchanged over 105,773 transactions, generating a turnover of EGP 3.529 billion.
Retail investors seized 72.99% of total trading transactions, while institutional investors made up 27% of trading.
Egyptian traders constituted 88.44% of total trading transactions, while Arab and foreign investors accounted for 6.13% and 5.43%, respectively.
Arab and foreign traders were net buyers with EGP 14.765 million and EGP 170.896 million, respectively. Egyptian investors were net sellers with EGP 185.662 million.
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