EGX sees bullish trend on Thursday
Updated 11/21/2024 2:57:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices showed an upward trend on Thursday, with market capitalization hitting EGP 2.248 trillion.
The benchmark EGX30 index gained 0.14%, finishing the session at 30,631.8 points.
The small- and mid-cap EGX70 equal-weight index (EWI) added 0.68% to close at 8,340.11 points, while the EGX100 index increased by 0.55%, ending the session at 11,522.45 points.
The Sharia-compliant index, EGX33 Shariah index, added 0.17%, concluding the session at 3,162.66 points.
Trading volume amounted to 1.016 billion shares exchanged through 89,420 transactions at a turnover of EGP 3.242 billion.
Retail investors controlled 69.58% of total trading transactions, while institutional investors made up 30.41% of trading.
Egyptian traders made up 87.93% of total trading transactions, while Arab and foreign investors accounted for 5.73% and 6.34%, respectively.
Egyptian and non-Arab foreign investors were net buyers with EGP 28.020 million and EGP 70.116 million, respectively. Arab traders were net sellers with EGP 98.136 million.
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