EGX concludes Wednesday’s session in red zone

Updated 11/27/2024 2:59:00 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 2.199 trillion.

The benchmark EGX30 index lost 1.45%, ending the session at 29,846.04 points.

The small- and mid-cap EGX70 equal-weight index (EWI) shed 1.39% to close at 8,247.81 points, while the EGX100 EWI slipped 1.33% to 11,329.18 points.

The sharia-compliant index, EGX33 Shariah index, edged down 0.99%, finishing the session at 3,102.18 points.

Today’s trading saw 975.838 million shares exchanged over 93,658 transactions, garnering a turnover of EGP 2.784 billion.

Retail investors controlled 78.99% of total trading transactions, while institutional investors seized 21% of trading.

Egyptian traders constituted 89.05% of total trading transactions, while Arab and foreign investors accounted for 4.31% and 6.64%, respectively.

Arab and foreign traders were net sellers with EGP 56.773 billion and EGP 24.888 million, respectively. Egyptian investors were net buyers with EGP 81.661 billion.

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