EGX indices flag in red on Tuesday

Updated 12/10/2024 3:30:00 PM
EGX indices flag in red on Tuesday

Arab Finance: The Egyptian Exchange (EGX) showed a negative performance on Tuesday after all indices went down collectively.

The benchmark EGX30 index declined by 1.25% to 30,617.83 points.

The Sharia-compliant index, EGX33 Shariah index, went down by 1.11% at 3,173.33 points.

Similarly, the small- and mid-cap EGX70 equal-weight index (EWI) and EGX100 index ended the session lower by 0.96% at 8,452.20 points and 1.05% at 11,619.78 points, respectively.

A total of 1.361 billion shares were exchanged at a value of EGP 4.216 billion through 109,486 transactions, while the market capitalization hit EGP 2.254 trillion.

Retail investors represented 71.75% of the total trading transactions, whereas institutions made up 28.24% of trading.

Egyptian and Arab investors controlled 90.01% and 5.97% of trading transactions, respectively. Meanwhile, the foreign traders accounted for 4.02%.

Arab traders were net buyers with EGP 44.45 million. Foreign and Egyptian traders were net sellers with EGP 28.45 million and EGP 16.05 million, respectively.

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