EGX sees bullish trend on Wednesday
Updated 4/17/2024 3:23:00 PM
Arab Finance: The Egyptian Exchange’s (EGX) indices witnessed a bullish trend on Wednesday, with market capitalization reaching EGP 2.003 trillion.
The benchmark EGX30 index gained 0.91%, finishing the session at 29,667.71 points.
The small- and mid-cap EGX70 equal-weight index (EWI) added 1.18%, reaching 6,833.69 points, while the EGX100 index increased by 1.17%, ending the session at 9,745.75 points.
Trading volume amounted to 1.188 billion shares exchanged through 131,296 transactions at a turnover of EGP 4.792 billion.
Retail investors controlled 71.16% of total trading transactions, while institutional investors made up 28.83% of trading.
Egyptian traders made up 82.86% of total trading transactions, while Arab and foreign investors accounted for 9.51% and 7.64%, respectively.
Egyptian and Arab traders were net sellers to the tune of EGP 21.894 million and EGP 47.147 million, respectively. Foreign investors were net buyers with EGP 69.042 million.
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