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EGX sees uptick on Wednesday

EGX sees uptick on Wednesday

Arab Finance: The Egyptian Exchange’s (EGX) indices have closed Wednesday’s trading session slightly higher.

The benchmark EGX30 index edged up 0.15%, finishing the session at 8,670.12 points.

The small- and mid-cap EGX70 equal-weight index (EWI) added 0.57% to 1,669.21 points.

Meanwhile, the EGX100 index rose 0.48% to 2,454.66 points, while the EGX50 EWI index went up 0.25% to 1,575.13 points.

Trading volume amounted nearly to 345.28 million shares exchanged through 24,888 transactions at a turnover of EGP 486.018 million.

Market capitalization closed today’s trading session at EGP 593.804 billion.

Retail investors controlled 57.47% of total trading transactions, while institutional investors made up 42.52% of trading.

Egyptian traders made up 77.57% of total trading transactions, while Arab and foreign (non-Arab) investors made up 4.56% and 17.87% respectively.

Foreign traders were net sellers with EGP 6.105 million, while Egyptian and Arab investors were net buyers with EGP 2.86 million and EGP 3.24 million, respectively.

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