EGX closes Tuesday’s session with varied note
Updated 12/17/2024 3:23:00 PM
Arab Finance: The Egyptian Exchange (EGX) showed a mixed performance on Tuesday, with the EGX30 index closing the session lower by 0.64% at 30,601.64 points.
On the other hand, the Sharia-compliant index, EGX33 Shariah index, edged up 0.06% to 3,185.92 points.
Both the small- and mid-cap EGX70 equal-weight index (EWI) and EGX100 index ended the session lower by 0.03% at 8,581.12 points and by 0.07% at 11,731.66 points, respectively.
EGX’s turnover reached EGP 3.584 billion through the exchange of 1.477 billion shares over 98,199 transactions. The market capitalization stood at EGP 2.247 trillion
Institutions accounted for 24.16% of the total trading transactions, while retail investors represented 75.83% of trading.
Egyptian investors made up 89.08% of the trading transactions, whereas the Arab and foreign traders equaled 5.97% and 4.95%, respectively.
Foreign traders were net buyers with EGP 71.59 million, while Egyptian and Arab traders were net sellers with EGP 39.39 million and EGP 32.19 million, respectively.
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