EGX ends Tuesday in green territory
Updated 1/16/2024 3:11:00 PM
Arab Finance: The Egyptian Exchange (EGX) has ended Tuesday’s trading session in the green zone, and market capitalization closed at nearly EGP 1.880 trillion.
The benchmark EGX30 index gained 2.62%, finishing the session at 26,938.14 points.
The small- and mid-cap EGX70 equal-weight index (EWI) added 1.27%, notching 6,299.89 points.
Meanwhile, the EGX100 EWI edged up 1.66% to close the session at 8,955.6 points.
Trading volume amounted to 1.903 billion shares traded through 197,460 transactions at a turnover of EGP 6.459 billion.
Retail investors controlled 75.32% of total trading transactions, while institutional investors made up 24.67% of trading.
Egyptian traders constituted 88.41% of total trading transactions, while Arab and foreign investors represented 6.12% and 5.48%, respectively.
Trading on securities saw foreign investors as net buyers with EGP 395.220 million, while Egyptian and non-Arab foreigners were net sellers with EGP 362.337 million and EGP 32.883 million, respectively.
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